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


To: stock bull who wrote (20557)7/21/2002 9:55:55 PM
From: posthumousone  Read Replies (1) | Respond to of 21876
 
<Try two to three years. By the way, did you ever work for LU? Your posts tend to make me think that you were layed off. Is this true?>
sure 2 or 3 years, but im talking long term 10 years we will be filthy rich!!!! Or do you think its going to peak in 2/3 years? With restructured mgmt, don't you think they can carry it past a 2/3 year peak?

Nope and no never worked for LU or tele industry. U? They have layed off a bunch of workers though (or intend to do it) Maybe they wont have to when industry bounces back (I doubt they do it all at once......i think normal attrition accounts for alot of it) But have 3 coworkers who have LU.

Thanks for the inside info! All cash to buy at the low (close to it anyway - hope it doesnt gap up too much) Figure im fine anywhere <6. Will dollar cost avg over next 2 months so the lower the better, for now.



To: stock bull who wrote (20557)7/21/2002 10:18:57 PM
From: posthumousone  Read Replies (1) | Respond to of 21876
 
The only thing that has me concerned about LU is the WCOME BK. Wcom equipment will be available for cheap, therefore they do not need and may not buy Lucent or NORTEL's equipment when they can pick up the existing equipment much cheaper at the market. Just a guess and i dont know the major differences of the mgmt restructuring. But you do make it sound good.

Not much action overseas, could bode well for open tomorrow. 64.227.236.52