There is an increased intensity in the trend towards packet-switched equipment, ... Lucent gets about 50 percent of its revenue from older world technology products, and the growth rates on those products are heading to the lower single digits.
More Quotes from Martin Pyykkonen:
I am certainly in the camp that this rumor makes little sense,Martin Pyykkonen
The basic question is this an Internet stock or a retailer
Martin Pyykkonen
Things unraveled more quickly in the past year than they thought internally, so they need to get someone from the outside to improve investor perception, preferably someone from the data networking industry.
Martin Pyykkonen
There's much more downside risk in the stock between now and Thanksgiving, and unless Q4 is blowout, at least until Valentine's Day when the full allotment of shares is eligible for sale,
Martin Pyykkonen
Lucent doesn't have the position in data networking that Cisco and Juniper Networks have, ... They are strongest in optical networking in wireless they are competitive but in the middle of the pack and data networking is their Achilles heel.
Martin Pyykkonen
Terms of the settlement, although not disclosed, would suggest some sort of payment was made, but that a trial has been avoided,
Martin Pyykkonen
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