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

To: DiB who wrote (21337)	7/15/2003 5:34:35 PM
From: DiB	Respond to of 21876

Correction. If I'm not mistaken, the headcount is supposed to be about 37-40K by the end of this FY. "...Company officials did not say whether those plans would include more job cuts. It said previously it was targeting reducing its work force to 35,000 by the end of September from 38,500 at the end of March. Several analysts expect that number to go lower..."

To: DiB who wrote (21337)	7/16/2003 12:17:43 PM
From: MJ	Read Replies (2) \| Respond to of 21876

What is so amazing is that there is only a 1 cent loss predicted . And, then the amount of cash seems significant-----"The company also said that it used only a modest amount of cash in the third quarter and expects to report an ending balance of $4.9 billion in cash and short-term investments for the quarter." From the chart ---Lucent appears to be finishing its down side slide that many stocks have already had. Is this a company that is dieing or a company that can rise from the ashes? mj