Lucent Technologies announced that earnings would be less than expected for a particular quarter, and at the
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Lucent Technologies announced that earnings would be less than expected for a particular quarter, and at the same time it expressed doubt about earnings for the next fiscal year. Following the announcement, Lucent’s stock price declined more than 30 percent.
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This description highlights a significant event related to Lucent Technologies a companys performanc...View the full answer
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Related Book For 
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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