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Re: Lucent Calling?
Hate to put a damper on the conversation, but I don't think Joe's going to
be able to purchase any today (1/7/00) -- he's in a plane as we speak, and
probably won't be back until after the market closes. That being the case,
maybe we should hold a vote till Sunday's meeting...
JP. Davidson wrote:
> I vote to buy
> Jim O'Connor wrote:
> > I think that we should use our Y2K money and buy some today...
> > We could take an online vote. It is already starting to climb back.
> > -----Original Message-----
> > From: G Gainer [mailto:email@example.com]
> > Sent: Friday, January 07, 2000 11:13 AM
> > To: HPD Investment Group
> > Cc: Kathe Larkin; Sharon Uliana
> > Subject: Lucent Calling?
> > As you probably know, LU gave an earnings warning yesterday afternoon
> > that it would not meet Wall Street's expectations this quarter. It
> > seems that someone dropped the ball, and they're not able to provide
> > enough equipment to meet orders.
> > The analysts, pundits, and other talking heads I saw on the tube last
> > night seemed to agree that LU's fundamentals have not changed, and
> > this should not affect the long term prospects for the company.
> > Nevertheless, the stock took a huge hit, and in after hours trading
> > was in the neighborhood of 51 3/8.
> > I bought a little this morning, though not quite at that bargain
> > price. I'm sure we'll discuss this -- and a few more, I hope -- at
> > the meeting. I'll bring Jim's SA which is probably still current. (I
> > think the Valuline update for LU is due sometime in the next 2 weeks,
> > but I'll check the library today, just in case).
> > See you Sunday.
> > -G
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