Published by Forbes Lucent (nyse: LU - news - people ), which was originally the legendary Bell Labs equipment arm of AT&T before its breakup, is still the leading producer of equipment for many key applications. Moreover, it maintains a high level of research and development and should continue to bring out innovative new products. Lucent may never be a $60 stock in any of our lifetimes, but it could hit $10 in a few years.
half way through the month of August and still no announcement of any signficant new contracts. Is it possible that LU will not issue a press release in August announcing any significant new contracts?
Lu will be over $10 much faster than 3 years. all they have to do is announce the 20-1 reverse split. i'm certain it would stay over $10 for a (very) short while after the split was completed, before settling back down below $5.00 a share again.
the above assumes that once the rs was announced, the stock would tank like the big pos that it is.
You sound like a discruntalled ex-employee. If you really believe what you say then back it up with some logic. Do you think Lu does not have product or sales force ? Why are there sales riasing and why are they buying down there debt ?? If you post then back it up.
In my opinion all the telcom stocks, Lucent, Nortel, Alcatel, etc. etc. will be much higher in the NEAR future.Telecom spending is comming out of the duldrums and these companies have already made there cost adjustments so it's just a matter of time before it hits the bottom line. Juniper, Lucent, Nortel, all have posted good sales in the last quarter. The proof is already there that things are improving.