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


To: Jim Roof who wrote (5388)1/6/1999 9:18:00 PM
From: bob lange  Read Replies (1) | Respond to of 21876
 
Naaah,they got loads of business and prospects globally! They
are just 'FAT' in the 'GBCS'end of the business!Especially
in the multi layers of management hanging around! It's still
a leftover from 'ATT'! It was OK for awhile but as domestic sales narrowed, the 'carrying'no longer works! I think we'll see an
aquisition as well? Ascend? Anyway, they are in great shape otherwise
and should dominate globally! Love 'em for the far long term!
Also, I hope that the cuts are 'nice buyouts', for the layed off,
as they have spent a lifetime there!

B