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


To: Zoltan! who wrote (8953)7/30/1999 5:51:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 21876
 
Zoltan,

In all due respect, I'm not sure I would argue with Mr. Fun and Chuzz when it comes to financials. These guys know their stuff. HOWEVER, you do make a good point...

Everyone who follows LU knows that compared to
Cisco, LU is a bloated and inefficient operation - hence your affinity. Much of LU's
near term earnings have and will benefit from cutting that bloat - a source of
earnings growth that will dry up.


I never really considered this before. Is LU really that inefficient? What areas are they cutting to reduce costs? Clearly the easiest and quickest way to improve earnings is to cut costs but there's been literally no talk of this anywhere I can find. You've peaked my interest but I'd like to see some data.

OG



To: Zoltan! who wrote (8953)7/30/1999 7:32:00 PM
From: Thomas M.  Respond to of 21876
 
LU is a bloated and inefficient operation

Is this what you read in Time Magazine? Do you know anything at all about LU's operations?

Tom