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


To: SAM who wrote (15708)8/8/2000 7:36:01 PM
From: KevRupert  Read Replies (2) | Respond to of 21876
 
SAM,


Message #15708 from SAM at Aug 8, 2000 2:43 PM
I think there are a lot of smart people out there who could do all those things for lot less. I think the pay packages for corporate big shots are getting out of hand. The real contributors (people who invent new technologies and products) are the ones who deserve more bonuses yet the money always goes to the bean counters and other administrators. That's the reason most of the new start-ups are much more successful than big companies like LU.


I agree completely! The new LU CFO is way overpaid. I personally believe that Jack Welch is paid too much at GE. He should be let go too. LU should have hired a recent accountant graduate, and paid about $30,000. This would have helped LU's bottom line. I don't know what LU is thinking. A real bunch of fools, huh?

I agree with your other point too. Most start ups are way more successful than Lucent. What a bunch of losers Lucent management team is, huh?

Lucent has never done anything right. You are right on the money.