文章基本信息

标题：Lucent Could Lower Break-Even Point - Brief Article
期刊名称：Communications Today
出版年度：2002
卷号：Sept 19, 2002

Lucent Could Lower Break-Even Point - Brief Article

Lucent Technologies [LU] moved Wednesday to ease investor concern by saying it has the funds necessary to operate its business and it won't hesitate to further lower the company's break-even point if needed. Earlier this week, the Lucent's stock price hit an all-time low after disclosing that it expects its fourth-quarter sales to fall 20 percent to 25 percent below results from its third quarter. Lucent is anticipating sales of $2.5 billion to $3 billion for the July-September period, down from its previous target of $3.5 billion.