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


To: GVTucker who wrote (16994)11/2/2000 11:16:21 AM
From: The Phoenix  Read Replies (3) | Respond to of 21876
 
GV,

And LU has yet to take care of a basic issue which is all the smart folks are leaving. In order to keep talent LU didn't reprice existing shares but offered more options to existing employees..... at a price of $46/share! Now, how is this going to keep people? Without talent LU will have a tough time executing. The value here (as MA fails to recognize - as he did with COMS) is not in the underlying company... it's in the spin-out of the opto business. Without this LU is in trouble.... They've lost a lot of battles....

OG