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

To: Mr.Fun who wrote (11238)	11/19/1999 10:08:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 21876

Mr. Fun, You are not churlish! In fact, my discussions with you are most illuminating an interesting, and I always look forward to your well-reasoned discussions. I think we agree on one major issue: that A/R was decreased and other assets were increased. The question is not how the reclassified asset was presented on the consolidated balance sheet. After all, "other current assets" is a catchall. The issue is how Lusk treated it in his comments about operating cash flow. I believe the question should be put to him in terms of whether his comment on operating cash flow was affected by this reclassification. If there was no effect then I must apologize for raising the issue. But if there was an effect I think it important that investors know. By the way, congratulations on your prediction about an improvement in operations. As I said before, even if my fears concerning reclassification of assets prove to be correct, cash flow analysis still reveals significant improvement in operating efficiencies. TTFN, CTC