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


To: GVTucker who wrote (12515)1/10/2000 8:48:00 AM
From: Thomas M.  Read Replies (1) | Respond to of 21876
 
You can't buy stock with earnings. You need cash flow.

Not even that. IBM funds a part of its massive stock buybacks by issuing debt.

Tom



To: GVTucker who wrote (12515)1/10/2000 10:15:00 AM
From: Dana Adams  Read Replies (1) | Respond to of 21876
 
Tucker - stop twisting my words and learn to comprehend what is written! McGinn is on record saying that yearly earnings remain on target.

This is what I posted.......

<At this moment the broker who projected a $50 12 month target is nuts or a crook. I have been thru many pump and dump days along with the reverse. I wouldn't be surprised to find if his firm was buying at these levels.>

How did you deduce the following, unless you assumed McGinn was a broker....(You can't buy stock with earnings. You need cash flow. And LU doesn't have much cash flow).

Grow up pal, the shorts and bandits are going to get it real soon!

Respectfully,

Dana Adams