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

To: Jeff Jordan who wrote (21336)7/15/2003 5:05:31 PM
From: DiB  Read Replies (2) | Respond to of 21876
 
How much more can they lay off? Another 5K? If I'm not mistaken, the headcount is supposed to be about 37-40K by the end of this FY.

The interesting point is that the Street was not buying that "Q4 breakeven" fairy tale. The EPS estimates for this q are 5 or 6 cent loss, and for the next q are 3 cent loss. For the next year they are 1 cent loss.



To: Jeff Jordan who wrote (21336)7/15/2003 5:05:43 PM
From: Charles Tutt  Read Replies (1) | Respond to of 21876
 
All this and lots of debt, too.

JMHO.

Charles Tutt (SM)


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