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

To: Dana Adams who wrote (12450)	1/8/2000 1:55:00 PM
From: geekland	Read Replies (2) \| Respond to of 21876

BARRON'S "UP & DOWN WALL STREET" column by ALAN ABELSON 1-10-2000 (excerpt) Jaye Scholl, this magazine's crack West Coast editor, who, among her other chores, keeps tabs on those curious investment creatures known as hedge funds, reports that among the tech-oriented hedge-fund crowd, there's also a suspicion that Lucent's stock-in-trade phone equipment, based on a high-margin but older "architecture", is being eclipsed by newer offerings. So its problems could easily go a mite deeper than just an inability to handle an overabundance of business.

To: Dana Adams who wrote (12450)	1/8/2000 6:51:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 21876

Herb Greenberg of TheStreet.com , the guy who first warned about LU, predicted on their Fox2000 tv show that LU is heading for the $30's, not a one quarter thing. Cramer predicted the Nas is headed up and the place to be next week is in Cisco, SUN and Oracle. PREDICTIONS: Cramer says he wants to be "where the action is" and predicts plenty of activity for Sun, Cisco and Oracle. Herb sees activity for Lucent stock, but in the opposite direction with it hitting the 30s in the long term. And Dave sees volatility driving folks to safer stocks and is prescribing a healthy first quarter for pharmaceuticals. thestreet.com

To: Dana Adams who wrote (12450)	1/8/2000 7:59:00 PM
From: Pat Hughes	Respond to of 21876

OFF TOPIC After a careful review of last nights posts.....This third class New Yorker still thinks it was a great one! Pat Hughes PS ......I know what YOU are.

To: Dana Adams who wrote (12450)	1/9/2000 3:41:00 PM
From: bgg	Respond to of 21876

Dana - (for the record, a "man's man"...) No apology forthcoming here. Next time think twice before you start insulting people who present different thoughts/views on this thread that you don't agree with. The fact that your holdings got nailed on Friday doesn't mean you lash out at everyone else. It's you who are behaving like an immature brat who had some toys taken away. And by way, 1 quarters downfall DOES change the oulook for the year genius... McGinn warned of slower growth than expected for the quarter AFTER this one, as well as lower growth for the FY. Much of LU is worldclass, but their balance sheet hasn't been, and it caught up with them. Worldclass companies manage cashflow much better -- especially when they are addressing a market as huge as LU is....

To: Dana Adams who wrote (12450)	1/10/2000 8:43:00 AM
From: GVTucker	Read Replies (2) \| Respond to of 21876

Dana, RE: In summary, one quarters downfall does not change the year. McGinn said it and I believe it! If that were to change then a re-evaluation is needed. They already have preannounced not only the Dec quarter but also warned that the March '00 quarter would be lower than expected. I guess according to what you said, a re-evaluation is needed now. I wouldn't be surprised to find if his firm was buying at these levels. You can't buy stock with earnings. You need cash flow. And LU doesn't have much cash flow. Then again, you don't think things like A/R and inventory matter, so I guess I shouldn't expect you to then make the leap to knowing that cash flow is needed for stock buybacks.