Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Anonymous who wrote (16037)	9/12/2000 9:05:17 PM
From: KevRupert	Read Replies (3) \| Respond to of 21876

Valuation: Fiber optics are overvalued. The Nortel CEO made such a claim in a thestreet.com weekend feature 2-3 weeks ago. Excellent article. He said Lucent's management went off the road (regarding the telecom industry), and lost its leadership in the telecom space. Avaya is worthless in my opinion (1 share per 12 -- for a company that is growing slower than McDonalds?). Looking at Ciena/Nortel/Cisco, this industry has quite a few more issues to address before the catalysts are in place for an uptrend. Especially for a laggard. I've really come full circle on this company. The one plus the company has is its new CFO. Assuming that Avaya isn't worth the paper its printed on, and the ME unit is currently overvalued (by the telecom analysts making comparisons to GLW/JDSU), then where is the catalyst to move the stock?

To: Anonymous who wrote (16037)	9/13/2000 9:40:18 PM
From: Techhelp	Read Replies (1) \| Respond to of 21876

There are a great many thoughts in your post. Unfortunately they are all negative for the stock. With the volume of shares that are heading for the gate, it makes us all wonder if there is more bad news to be announced. There appears to be a track record with this company of heavy trading before bad news is announced. Up to this point, I did not think that McGuinn should be fired, however he has become an embarrassment to Lucent, the BOD and him. McGuinn as the CEO is costing investors lots of money and the end may not be in sight. How can a company in the hottest sector of the market, with arguably the best research facility in the world, huge customer base and lots of cash fall so far so fast? The reasons and excuses that were given to investment community just don't make it any more. The company has had 9 months and the investors are in worse shape today than in January. New products are not flowing out of the pipeline as we were promised. What we have been given in place of good products is financial re-engineering. The spin-offs is not moving this stock. The spin-off of the ME should be done sooner while the optical market is still hot. I would say that it is time for a change in leadership, but that presumes Lucent has leadership now.

To: Anonymous who wrote (16037)	9/14/2000 12:21:34 PM
From: Anonymous	Respond to of 21876

I was watching CNBC around 10:30 AM this morning and some guy came on, I believe he was from Paine Webber, anyhow it was on the segment where people phone in and ask about their favorite stocks. A guy asked about LUCENT and the guest analyst said he didn't like it and he wouldn't buy it right now. Soon after the stock, which was going up bit by bit before he made his comment, started to slip as evidenced by this chart siliconinvestor.com which just goes to show how much "power" the boobtube has and just what kind of psychological weight someone's comments can have on a stock price. The stock has at the moment shrugged off that "recommendation" and has climbed back to where it was around 10:00 AM this morning...of course I wish we were enjoying a bounce like Nortel has gotten yesterday and so far today as it rebounds back from profit taking...ANON