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To: Lucretius who wrote (50245)	12/21/2000 8:36:25 AM
From: MythMan	Read Replies (1) \| Respond to of 436258

LU warns again and bigger.. oh oh >>Lucent Technology (LU: news, msgs) slid $2, or 13 percent, to $13.50. The company said, after an "extensive" review of operations, said it expects to report a loss of 25 to 30 cents a share in fiscal first quarter, compared with the average analyst estimate of a 1-cent per share loss. The company attributed the anticipated shortfall to a softening competitive local exchange carrier market and lower capital spending. Lucent also restated fourth-quarter revenue and earnings, after the previously announced review. Revenue for period will be $8.7 billion and earnings per share will be 10 cents; previously, the company reported revenue and EPS of $9.4 billion and 18 cents, respectively. <<