Results: Do you remember Lucent Technologies?
Published on 12/11/2021
American business has had many notable failures and Lucent Technologies was one of them. Do you remember this telecom equipment company that spun from the remnants of the Bell System?
QUESTIONS
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Comments
1.
1.
Did you own any shares of Lucent stock? Yes
6%
133 votes
No
94%
2267 votes
2.
2.
If yes to question #1. did you lose most of your investment when it went from $85.00 to $0.85 per share? Yes
3%
79 votes
No
9%
213 votes
Not Applicable
88%
2108 votes
3.
3.
In Canada, Nortel had a similar fall. were you invested in Nortel in the early 2000's? Yes
5%
111 votes
No
95%
2289 votes
4.
4.
Lucent was managed by dishonest managers that cooked the books, and got a break that the Enron and Worldcomm failures were more spectacular and dominated media coverage at the time. Their only punishments were big lucrative golden parachutes. do you remember those failures? Yes
16%
376 votes
No
34%
804 votes
Undecided
6%
142 votes
Not Applicable
45%
1078 votes
5.
5.
Do you trust capital markets to be reasonably fair? Yes
9%
208 votes
No
34%
814 votes
Undecided
24%
574 votes
Not Applicable
34%
804 votes
COMMENTS