From mboxrd@z Thu Jan 1 00:00:00 1970 Message-ID: From: jmk@plan9.bell-labs.com To: 9fans@cse.psu.edu Subject: Re: [9fans] Lucent Technologies - the telecoms equipment outfit MIME-Version: 1.0 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Date: Tue, 23 Jul 2002 13:18:00 -0400 Topicbox-Message-UUID: d4085b90-eaca-11e9-9e20-41e7f4b1d025 On Tue Jul 23 12:55:40 EDT 2002, skipt@real.com wrote: > I wonder how much of this is Worldcon debt write-off. > > At 05:07 PM 7/23/2002 +0100, matt wrote: > > The company also reported a $7.91bn loss for the quarter, compared to a > >loss of $3.24bn in the same quarter a year ago. When WorldCom hit the headlines a few weeks ago we were told that Lucent had very little exposure. $5.8bn of the loss is a non-cash charge to account for a valuation allowance for deferred tax assets.