Tuesday, July 29, 2008

It's About Time
This should have happened years ago. I bought Lucent when tech stocks were crashing thinking it would be a conservative way to play any tech rebound. What a moron. I still own the stock although I think it is pretty much worthless, at least based on what I paid for it. It is hard to imagine why the two heads of Alcatel-Lucent, or whatever it's called, kept their jobs for so long. This company has been abysmal for so long I don't see it ever turning around.

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