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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (31090)	1/7/2000 8:00:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

....Skeptical pros have criticized Lucent for using accounting maneuvers to look like a fast-growing company. For at least two quarters last year, the company posted negative cash flow, thanks to soaring receivables and inventories. A strong performance in the September quarter temporarily allayed concerns about its organic growth. But Thursday's announcement rekindled concerns that Lucent needs to adjust to telephone carriers' demands for new network technologies. "It took a few quarters to show, but I think they have run out of places to hide," says Truc Do, an equity analyst with SoundView Technology Group, who has rated the stock a hold for about a year and whose firm has no banking ties to Lucent. "They have to come clean with their guidance. Their business is shifting, and they need to react to it." .... thestreet.com