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


To: elmatador who wrote (21384)10/22/2003 11:02:06 PM
From: stock bull  Read Replies (1) | Respond to of 21876
 
Your comment makes no sense. It seems that Lucent may have finally gained control over their cost structure and has 4.5 billion in cash. Of course, we need to see a few more quarters of positive results to be sure that things are moving in the right direction. But, today was a very good day for LU. Now we need the telcom market to pick up so capex spending can take off. Then we will see if LU has the ability to grow revenue and earnings. If they do, the stock will perform accordingly.

Stock Bull