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


To: Peter Ralph who wrote (14100)3/22/2000 5:50:00 PM
From: Mighty Mizzou  Respond to of 21876
 
Peter, I admire your courage to take a position in LU in light of the overwhelming negative press. My only advice is pray for a good CFO and no pre-announcement. I am convinced the insiders know something. This is very orchestrated selling, consistent and deliberate. LU's IR response about being in a quiet period and not being able to say anything is pure BS. CFO's give guidance during quiet periods all the time. HP did recently. Smith International did just today:

08:23 [SII] SMITH INT'L ESTIMATES Q1 SALES SURPASSING $600 MLN
08:23 [SII] SMITH INT'L SEES Q1 PROFIT IN RANGE OF 20 CENTS TO 22 CENTS
08:23 [SII] SMITH INTERNATONAL PEGS Q1 NET AS ABOVE CONSENSUS ESTIMATE OF 15 CENTS

They (SII) report around 4/10. So I think the LU word is out, very unfortunately for us.

Love the company, hate the visibility. It smacks of arrogance.