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

To: hitesh puri who wrote (9865)10/6/1999 5:22:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 21876
 
I even had three analyst reports from late July quoting the same reason and telling that LU was dead till October at best. Well, they were
right.

I hope that means the worst is over... !

OG



To: hitesh puri who wrote (9865)10/6/1999 6:26:00 PM
From: Techplayer  Read Replies (1) | Respond to of 21876
 
hitesh, what were the analyst reports and what was specifically said? The CC did not warn of y2k issues. McGinn specifically said that it this issue was a 1-2 business day event at most. He went out of his way to downplay any negative effects because he also was bringing the message of revenue smoothing to the analysts. Brian


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