Successful Investing: ; Lucent's Future Depends On Telecom Comeback
Charleston Gazette › March 23, 2005
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Summary
Q. I bought Lucent Technologies Inc. stock in 1999 and held on. With my shares now worth a fraction of their original purchase price, are they ever going to bounce back? - C.L., via the Internet
A. The financial story of the top boss of this giant supplier of communications equipment, software and services has been considerably more upbeat than yours.See the full content of this document
Extract
Successful Investing: ; Lucent's Future Depends On Telecom Comeback
The company doubled the total compensation of Chairman and Chief Executive Patricia Russo to $13.6 million in 2004 as it posted its first profit in four years. That payout included salary, bonus and stock options.
Events since your stock purchase included the ...See the full content of this document
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