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

To: RetiredNow who wrote (1830)3/29/1998 11:16:00 AM
From: Don Dorsey  Read Replies (1) | Respond to of 21876
 
This PE question comes up about every two weeks. Lu's PE is around 40. You have to add back in one time charge they took for their purchase of Octel last fall to get an accurate value. Those publications that list it as 170 are guilty of lazy reporting.



To: RetiredNow who wrote (1830)3/29/1998 3:25:00 PM
From: t36  Read Replies (1) | Respond to of 21876
 
hi mindmeld, i bought on the ipo so yes, i am way ahead in profit, but like you said i am a long term investor in this stock..does anyone have the percent we are up for the year(98) and (97)???? someone asked me but i did not have the answer for them...sue


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