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


To: GVTucker who wrote (19277)3/12/2002 2:25:34 PM
From: sylvester80  Read Replies (1) | Respond to of 21876
 
And Lucent was trading at $80s at the time. Time to wake up that is not in the 80s anymore and neither is the rest of the telecom sector. JNPR at $250??? Not anymore. JDSU at $150? Not anymore? CIEN at $150? Not anymore? CSCO in the 80s? Not anymore. GLW at $150? Not anymore? Nortel at $100? Not anymore? Do you want me to go on?



To: GVTucker who wrote (19277)3/12/2002 2:36:35 PM
From: Sabrejet  Read Replies (1) | Respond to of 21876
 
Agree for once on the reading of the filings. But, to imply that current management will create the same mess as before I think is somewhat like throwing the baby out with the bathwater.

BTW, you yourself stated the quarter was "so bad". My question to you was how do you know.

As far as ENE goes, I had no clue about the off the books losses. I was concerned myself with the offshore relationships and the absolute absurd amount of acquisitions but heck, I repeat, I am only a staff of 1! Some information I have to view as credible.

Good news is that I was fortunate to make money on those trades and not lose like oh too many. I feel bad for those folks.

Sabre!