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


To: John Soileau who wrote (21277)5/26/2003 11:11:11 PM
From: elmatador  Respond to of 21876
 
Not exaclty like Harris, MOT, Bechtel, Fluor etc. Those are companies that traditonally have always had government contracts.

I mean more like WCOM (MCI) getting business in Iraq. Or LU "wiring" military bases. They are going out of their way to keep going.

I am writing that on the light of this:

QUOTE
The stocks of major telecom equipment companies continued to react positively on Tuesday to the news that the Federal Communications Commission (FCC) <http://www.fcc.gov> is considering providing regulatory relief for the RBOC networks, and a prominent telecom analyst says such changes are likely to benefit companies such as Lucent Technologies Inc. and Nortel Networks Corp spending does increase.
UNQUOTE

Message 18420315

See, MOT blew USD5billion on Iridium. When the system chased the wrong customers and didn't take into consideration GSM (because the US is slanted towards fixed line rather than wireless and didn't understood the threat)
they had to burn the satellites down the atmosphere.

Soemone -cunny guy- told that a piece of the satellites might fall on Elmat's head! Lets keep it up there. The Dept. of Defense paid USD350billion. This kind of symbiosis business-government is not good for a company.
That because governments -all over the world are running out of cash.

sold to the worng customers