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

To: Anonymous who wrote (21688)1/19/2005 2:34:11 PM
From: Jagfan  Respond to of 21876
 
I think it popped yesterday as a expectation to last night's earnings announcement. However, news wasn't as good as anticipated; Lucent's fiscal first-quarter profit dropped by nearly 50% from a year ago, and the company's latest-quarter revenue fell short of Wall Street estimates. Shares fell 7% in midday trading today.



To: Anonymous who wrote (21688)1/19/2005 4:07:34 PM
From: MJ  Respond to of 21876
 
Technically it has been of interest. What you may have been getting with Lu are the day traders-----I don't day trade---but just a thought.

It is most impressive to see the cash that LU has available.

You are not alone in not believing that a company could fall so far-----this happened to a lot of companies. And, we are now in the early stages of revival for a lot of these.

mj


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