Market Features

Lucent Warning: The Fallout

 

A Thursday afternoon warning about a shortfall in first-quarter earnings for Lucent (LU) sent the stock and investors reeling. Trading was halted, and when the stock reopened in after-hours trading, the suffering continued.

In an untimely twist, Lehman Brothers had raised Lucent's price target to 95 from 90 on Thursday afternoon before the shortfall release. (Lehman hasn't banked for Lucent.) Message boards are buzzing, professional investors are chattering and TSC is covering it all. Check in with our continuing coverage here.

TSC's Coverage

Lucent: TSC Message Boards

Still Standing
First-Quarter Problems Don't Weaken Lucent's Competitive Standing

The Bank Shot
Banks' Experience Shows 'Isolated' Shortfalls Aren't Always What They Seem

The Twilight Zone
Lucent Trading Shows After-Hours Still Treacherous for Individuals

Herb on TheStreet
*Part 2* Why Lucent's Explanation for the Miss Leaves Much to Be Desired

Stocks to Watch
Lucent Gets Hit With Downgrades; Wal-Mart Makes a Move to E-Tailing

James J. Cramer
Examining the Bull Case

Tech Savvy
Sure, Lucent Wins the Dumb and Dumber Award, but Let's Not Go Nuts, Huh?

Herb on TheStreet
Why It Was Only a Matter of Time for Lucent

Lehman's Ill-Timed Price Target
A Lucent Call With Murky Information

Rekindled Concerns
Lucent's Woes 'Not a Market Issue'

James J. Cramer
Trying to Make Sense of It All

The Night Watch
Lucent Gets Buried in After-Hours, Off More Than 17 Points

Little Advance Notice
Little Sense of Impending Doom on Lucent Message Boards, Options Pits

The Cause
Lucent Warns First-Quarter Earnings Will Disappoint

James J. Cramer
The Real Deal

Exacerbating the Flight to Value
A Miss Is Still a Miss and Lucent's Bodes Ill for This Market

>To order reprints of this article, click here: Reprints

As originally published, this story contained an error. Please see Corrections and Clarifications.

TheStreet Premium Services    For Personal Service: 877-471-2967

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
New: ETF Profits
ETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Doug Kass
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,778.03 1,341.64 2,907.74 19.84
Oil *
117.50
DOWN
112.43
DOWN
10.31
DOWN
19.49
DOWN
0.63
10 Yr
1.98%
SPDR Gold
167.29
-0.87%
-0.76%
-0.67%
-3.08%
Data delayed 20 minutes

Top Stories and Tools

Brokerage Partners

After the Bell

Before the Bell

Booyah! Newsletter

ETF Daily

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet