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

To: Earthdog who wrote (2774)	6/8/1998 1:17:00 PM
From: Mike Mitchell	Respond to of 21876

A little more detail on Bell Atlantic deal from the ASND thread: exchange2000.com

To: Earthdog who wrote (2774)	6/8/1998 3:57:00 PM
From: freeus	Read Replies (1) \| Respond to of 21876

re do you think LU is going somewhere?do you think it will be around in 5,10,15 years? A resounding YES and YES. Freeus

To: Earthdog who wrote (2774)	6/8/1998 6:21:00 PM
From: RavBruce	Read Replies (1) \| Respond to of 21876

Accounting practices vary tremendously. There is leeway in how inventory, acquisitions, write-offs, even options are accounted for. There have been many cases where big accounting firms missed big problems at companies which then melted when the street figured it out. I have no way of knowing if LU falls into this category, but even the biggest companies make mistakes. If it is big enough, they might try to cover with legal but fishy accounting techniques. I am not worried, but no investor should get cocky and say, "not my company." Bruce