Lucent stock worth less then Sirius satelite radio...

[LordJezo]

eesh.. Lucent is at $1.71 something and Sirius is at $1.81 something.

How about that...

 

[gigapet]

so does that mean i should buy some lucent stock?

 

[iwearnosox]

Siriusly?

 

[Hector13]

Originally posted by: LordJezo
eesh.. Lucent is at $1.71 something and Sirius is at $1.81 something.

How about that...

right, but lucents market cap is about 7 times larger than sirius (about 7 billion vs. 1 billion dollars).

 

[Miramonti]

Originally posted by: Hector13

Originally posted by: LordJezo eesh.. Lucent is at $1.71 something and Sirius is at $1.81 something. How about that...

right, but lucents market cap is about 7 times larger than sirius (about 7 billion vs. 1 billion dollars).

I'll bet they're competitive in total debt tho.

 

[PlatinumGold]

lucent might not be a bad buy.

 

[NutBucket]

Lucent just inked a huge deal with Sprint's wireless division to provide equipment for next-gen high speed data networks.

 

[ElFenix]

and lucent is a company that actually has sales and products!

 

[oniq]

52-wk Range
0.55 - 2.75

 

[NutBucket]

Originally posted by: ElFenix
and lucent is a company that actually has sales and products!

$1 Billion SprintPCS Deal

 

[MysticWar]

Is it just me or most people assume that if a company's stock is high then it must be doing well? And if the stock is low then the company is not turning in any profit?

 

[BaDaBooM]

Originally posted by: PlatinumGold
lucent might not be a bad buy.

Yea, well... I worked for them as a contractor. They have major management problems. I wouldn't wipe my a$$ with their stock simply because I know how things are done in that company.

 

[Miramonti]

Originally posted by: PlatinumGold
lucent might not be a bad buy.

if you think they can somehow survive and become profitable again it sure is. 13 straight quarterly losses or something like that, HUGE losses too (billions or something like that).

 

[UNCjigga]

Originally posted by: PlatinumGold
lucent might not be a bad buy.

I heard rumors about IBM and Westinghouse and some others buyin Lucent and choppin it up amongst themselves or something weird like that...but that was almost a year ago...