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


To: Tunica Albuginea who wrote (9173)8/13/1999 7:31:00 PM
From: American Spirit  Respond to of 21876
 
Looking for another 4-5 points next week. Still looking oversold and undervalued. SHould be able to make 69 at least IMHO.



To: Tunica Albuginea who wrote (9173)8/13/1999 8:08:00 PM
From: Teddy  Read Replies (1) | Respond to of 21876
 
As best as i can tell, MCI Worldcom tried to use a software program (JADE) that requires more memory than many of their (comparitively) older cards could handle. Lucent is working with them to resolve the situation, but the fault is all MCI Worldcom's.

If anyone knows more than this, i would like to be informed.



To: Tunica Albuginea who wrote (9173)8/14/1999 6:03:00 PM
From: Ridi J  Read Replies (3) | Respond to of 21876
 
<<<MCIWorldCom ATM is down on the 7th day. It squarely blamed it on LU. Is LU going to get suit or bad rap about its system?>>>

Oh please oh please oh please let this precedent be set in court. I'd LOVE to be compensated for the loss of customer goodwill and monetary havok that buggy software wreaks on my systems. Imagine ANY software company being held financially liable for upgrade glitches. Bill Gates would be hocking pencils on the street in a matter of weeks.

<<<"We're definitely looking at glitches in our software," confirmed John Callahan, a Lucent spokesman. The company has a team of engineers working with MCI WorldCom to try to determine why the software upgrade caused the problems, he added.

As of midday today, the companies had not determined why the software upgrade caused the system failure. The software at fault is used by other Lucent customers and has to date worked without problem, Callahan said.>>>

LU's response: Yes, there are glitches, and of course we're working on it.

Now, if someone wants to make compensation for Windows 3.0, Mac OS8.0, Win95a etc. upgrade bugs, COUNT ME IN!