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


To: Anonymous who wrote (15585)7/27/2000 12:02:57 PM
From: Tech Bull  Respond to of 21876
 
When is this wound going to clot?

Ans: Start when McGinn gets replaced.

Got a parallel for you - think of when ibm began to loose their mainframe business (LU's 5ESS). yep they had great technology and services. yep they had to cut costs and change direction (remember, ibm had the ibm pc & that didn't even help them - same with LU in optical?). it took MANY years and a new leader - Lou G. LU needs many years and a new leader, LU has not found their Lou G; and when they get leadership it will take awhile.

Disclosure: Still long on my (now remaining) LU.