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Alcatel-Lucent Message Board

  • down00up04 down00up04 Oct 6, 2003 3:14 PM Flag

    Recommend LTRX to strong buy!!!

    You may ask, here is LU not LTRX
    But I still want to share with you:

    Good revenue:
    $57.65 M/year or $0.91/share
    Earnings Growth: 623.10%

    No debt:
    Total Debt: 0
    Plus LTRX has over $14M cash in hand!
    Book value $0.85!

    Share distribution:
    Shares Outstanding: 55.67M
    Float: 34.60M
    % Held by Insiders: 37.85%
    % Held by Institutions: 18.67%

    institution held increasing over 20%!
    Plus many insider bought at $0.6885/share!

    Strong new managment group!
    Believe 2004 could turn LTRX business to positive!!!