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To: John Pitera who wrote (44707)12/17/2000 10:40:08 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 77400
 
It appears to me that LU was ditching a part of the business that was acting as one of them there old perverbial anchors. If LU doesn't want AV, why should I?

AV's products are essentially their voice products like the Definity PBX. These were once cash cows. They are losing money now. I see the trend continuing in this direction.



To: John Pitera who wrote (44707)12/18/2000 1:10:20 AM
From: Techplayer  Read Replies (1) | Respond to of 77400
 
John, the products and business units as a whole were actually detracting from LU earnings. I am not sure how they could come close to those numbers unless they are taking some very large one time gains. tp



To: John Pitera who wrote (44707)12/18/2000 8:46:24 AM
From: kvkkc1  Read Replies (1) | Respond to of 77400
 
I wouldn't trust a thing anyone ASSociated or formerly ASSociated with LU or any of their subsidiaries says. I owned them via their purchase of ASND and they are a horror story.knc