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Optical Illusions

Lucent and the Crash of Telecom

Optical Illusions( )
Author: Endlich, Lisa
ISBN:978-0-7432-7531-6
Publication Date:Nov 2004
Publisher:Simon & Schuster
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

When Lucent Technologies was spun off from AT&T in 1996, the new company was full of promise. An old-line manufacturer, it quickly became a sizzling hot stock thanks to the emergence of the Internet and the build-up of telecommunications. The stock market was soaring, and Lucent flew with it. Within a few short years it became the sixth-largest corporation in America and the most widely held stock in the country. Yet only months later, Lucent was gasping for life, victim of the...
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