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

To: Rainy_Day_Woman who wrote (12345)	1/7/2000 1:05:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 21876

Hi Sherry, If I were you I'd wait to see LU's 10-Q before putting any more money in LU. There are still some major questions about this company that McGinn did not address. There is much too great a tendency to rely on earnings statements among the analyst community, and a failure to critically evaluate stated earnings in light of cash flow. I think that LU may have overstated its operating cash flow last quarter. I would like to see a definitive statement from the company regarding its accounting for the QSPE it created to securitize $625MM in receivables. I still wish I had paid more attention to myself when I started to warn this thread about cash flow problems. I am not a happy camper today. TTFN, CTC