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


To: Kenneth E. Phillipps who wrote (19299)3/12/2002 6:18:46 PM
From: sylvester80  Read Replies (1) | Respond to of 21876
 
Nortel revenues for this Q around $3 billion with sequential decline.

Lucent revenues for this Q around $3.6-3.8 billion with sequential growth. That's the 20-30% gap.

On the issue of earnings, you can't do much comparison there cause Nortel in their warning said they may not even meet the 10% decline in revenues so who knows what happens to their earnings if revenues continue to fall. But for Lucent, they said this morning that their guidance is unchanged on earnings and margins as it was before, with a much larger sequential improvement in earnings and margins in the 20s% range.