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


To: John Meares who wrote (13278)2/4/2000 10:31:00 PM
From: Techplayer  Respond to of 21876
 
John, Good question. LU has had a bad quarter. Only time will tell where it goes.

For those that just purchased LU the 70's and 80's, I feel that they were let down and that LU management needs to increase the quality of its performance and delivery.

The street is obviously punishing LU. If LU management produces the numbers that it says it is going to do over the next 3 quarters, trust by the street will be restored.

Additionally, I do not feel that belief by the street either signifies or denies gorilla status of a company. LU is a diverse, international company with competitive products in many fast growth technology areas.

LU will survive a bad quarter or two.

I have held the stock for over 4 years via acquisitions and plan to maintain a sizeable portion of my investments in LU.

Brian