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


To: sylvester80 who wrote (19293)3/12/2002 4:03:11 PM
From: Elroy  Read Replies (1) | Respond to of 21876
 
How about, a company that sells $14 billion of stuff per year (LU) and loses money throughout the year (LU) is worth less than $14 billion? Agree?

LU's current market cap is $19 billion.

Did I mention they have about $4 billion in long term debt? When you're consistantly losing money its really hard to pay your debts.....

Elroy