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

To: Raptech who wrote (21273)5/22/2003 8:01:46 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 21876
 
Its possible the company is actually turning around? It's been so long what 13 Q's no profits? That's all they have to do is make some money. But look at CORV? Most companies either have too much debt or no revenues.

Lucent will probably come back, but they lost me for life.



To: Raptech who wrote (21273)5/28/2003 2:36:12 PM
From: Dublin  Read Replies (1) | Respond to of 21876
 
LU has an open window to kick in a reverse split sometime between now and Feb '04. It could be 1 for 10/ 1 for 20 / 1 for 30 or 1 for 40. Or, maybe they won't pull a reverse at all. Time will tell. 4 billion shares outstanding tells me they need a 1 for 10.


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