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


To: Jamey who wrote (21389)10/22/2003 11:46:58 PM
From: stock bull  Read Replies (2) | Respond to of 21876
 
As the old saying goes, there's a degree of risk in all investments. Although LU is now at 2.79, it doesn't mean that one hasn't invested thousands or millions of dollars in the company. So, risk is relative.

I believe that LU has the technology and products needed to support the markets that it sells into. The one thing that I was pleased to see is the amount of cash on hand. During a period of turn around, cash on hand, and cash flow, are very important.

Let's hope that LU can keep showing improvement while waiting for the industry to turn around.

Stock Bull