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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (1694)6/18/2001 1:49:14 PM
From: keithcray  Respond to of 26752
 
13:30 ET Lucent Tech (LU) 5.68 -0.63 (-10%): SG Cowen issues intraday downgrade of stock to NEUTRAL from Buy, citing increased risk to LU's guidance regarding its recovery. While feels stock is undervalued on a sum-of-the-parts analysis, current market conditions and the time it will take to execute the restructuring program increasingly places pressure on the fundamental biz.