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

To: STEVE who wrote (16614)10/10/2000 4:58:35 PM
From: opalapril  Respond to of 21876
 
"How much lower can we really go?"

Well, with a nincumpoop for CEO, a P/E around 36, and declining revenues -- how's $11 sound? That would bring it within range of a traditional no-growth company with no direction, lousy management, and a massive brain drain of employees sick of watching their options expire worthless. See XRX.



To: STEVE who wrote (16614)10/10/2000 5:01:21 PM
From: Doug Skrypek  Respond to of 21876
 
I have no idea, but some of the guys on the thread were asking that question 10 points ago...



To: STEVE who wrote (16614)10/10/2000 5:03:20 PM
From: The Phoenix  Read Replies (2) | Respond to of 21876
 
Well... if it's trading at $25/share. It could go $24.99 lower.... right????


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