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

To: David Hansen who wrote (20874)	9/29/2002 3:06:21 PM
From: sylvester80	Respond to of 21876

until excess vendor capacity is driven from the market The problem is not anymore excess capacity IMO. In fact it hasn't been excess capacity for more than 6 months now, (right about the time my international calls started going bad like missed connections, dropped calls, noise/interference, echo, some half duplex etc...). The current MAIN problem IMO is that carriers are not willing to invest to improve/expand their networks and broadband offerings because... it makes no economic sense when they are mandated to sell back those networks at a wholesale loss. And no matter if that is true or not, the baby bells are using it as a very high level game of poker with the government regulators and the other companies. Cause the baby bells are much better financially and can either wait till every competitor is bankrupt or the regulators blink. And I agree with you that it will take a long time from the time "IF" the regulators blink before we see any improvement in the telecom equipment market. JMHO.

To: David Hansen who wrote (20874)	9/30/2002 12:12:56 AM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 21876

---Now is not the lowest we will see LU or this industry IMO... Nahhh.... it's just starting. WorldCom while in bankruptcy doesn't have to pay interest on its 29 billion in debt. Sorta gives Worldcom a competitive advantage... and others an incentive to go bankrupt too. what was the Senator who said a billion here, and a billion there, an soon it starts to add up? 29 billion is a lotta dough in an unprofitable business, and that's Worldcom alone. And while those companies are in debt up the wazoo -- for at least 5 years -- they won't be so quick to buy much from LU and other hardware providers. Exit Lucent, exit Nortel... lotta bankruptcies coming. But none of that pays off the debt -- it just weakens the institutions that raised and lent the money. party-time! in the 90's we spiraled up; now we see the process in reverse. - Charles