Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (8873)	7/28/1999 2:11:00 AM
From: MMW	Read Replies (3) \| Respond to of 21876

Brian, I don't want to get into argument about LU & CSCO. Obviously, I hold tons of CSCO and have no position in LU. I would consider LU is a telecom play with potential in datacom. Even though a lots people in this thread think LU is datacom company because it bough ASND and others. I'm skeptical of it at the moment. I suspect LU may hit some bump ahead due to its stock hype, Y2K issues, and its balance sheet. I think Chuzzlewit has a good point. LU's cash flow has been a problem for a quite some time. Unlike other tech leaders, MSFT & CSCO, LU has debt, net margin is only 9% comparing with other's in +20%, and it has union workers too. Please don't take me wrong. LU is a great company. It has a great technology. I just thought its valuation is a little too high considering all those disadvantages. I have no doubt over the long term, LU would be a good investment. I don't think that it is a good buy at those price levels like others suggested in this thread.