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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (6110)	3/20/2002 2:34:54 PM
From: Mark Konrad	Read Replies (1) \| Respond to of 13660

LU...maybe in the unmatched sock drawer right next to a few old shares of Adaptive Broadband, Exodus Communications, Global Crossing and any other equally sound "investments" I actually still own. LU continues to be plagued by a mismanaging top-heavy bureaucracy that at least does a good job of making NT seem the model of efficiency by comparison. I'd rather buy LU if/when they actually perform better and the price begins to reflect that. As of now, LU is not a market leader in any area, has lost considerable talent, and is awash in debt with a downward spiral in revenues. Not a recipe for success except perhaps as a DCB. I hope I'm completely wrong about LU. All imo--MK--