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Jim, Lucent (LU) has been a huge house of pain. Is it time to dump this dog?-- Jackie from Delaware
James J. Cramer:
No, I actually believe Lucent, a stock I own for my charitable trust,
ActionAlertsPLUS, is right to own here.
I believe the fast growth of the wireless business will offset the decline in the wireline business, and the demand for next-generation telecom networks is only growing.
In addition, the balance sheet is getting better, and I believe the market is underestimating the quality of the management team.
There is so much negativity around Lucent that any good news, especially a major contract with Cingular, would be likely to send the stock much higher.
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