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


To: Clay Takaya who wrote (15322)7/7/2000 6:30:41 PM
From: Anonymous  Respond to of 21876
 
"Is this a well-run company or a complete mess? Is it losing market share or gaining?"....a hard question to answer in these times.

Actually, maybe I should know. I worked for the company for 35 years, starting out with Western Electric, morphing into AT&T Microelectronics and retiring from that entity in 1995 (took a buyout..I was 59 1/2) and am at the moment considered a LUCENT retiree which is the company they morphed me into in 1997...although that will probably change when and if they spin-off the Microelectronics part of the business. I would assume that I'd be going with that portion.

There have been a lot of changes since. I believe that things have been tough for the company ever since the business press and the STREET started picking on Robert Allen who was CEO of AT&T back when. It seems that some of the pit bulls still have their jaws firmly locked on the remnants of what the company was and just jump on any reason to shake the h*ll out of things whenever they can.

The company isn't that bad, however, it certainly has trouble trying to LôôK like all the upstarts, e.g., Microsoft, Oracle, CISCO, and all the other young and exciting companies that have come on the scene in the last 15 years or so, run by all the brave young men (and some women) with piss and vinegar and fire coming out of their arses..... There are too many to list here so I just threw in a few to flavor things.

They lack the blind risk taking that comes with youth...I am invincible and things can only go up attitudes are hard to come by in a business that has its roots back so far that I can still hear Alex (who lôôked a lot like Don Ameche) saying, "Watson, come here I want you!" or something to that affect.



To: Clay Takaya who wrote (15322)7/7/2000 10:48:42 PM
From: Techplayer  Read Replies (2) | Respond to of 21876
 
Clay, From what I have recently been told, NT is slashing prices on its' circuit switches, virtually giving them away to get the business. tp