Veteran of a Thousand Thread-Ban Wars
- 150d 4h 0m
PLTR earnings on Monday and the stock is grinding higher. Might test $12 today.
their product is garbage
Christ. Lucent at one time was a powerhouse. How the mighty have fallen.
Lucent market cap in Dec 1999 was $285blol don't even have to go back that far. It's fallen 97% in the past 5.5 months.
If it rebounded even a little of that it would be a massive gain.
At the current price, Avaya's current market cap is less than the book value of its larger business partners. One of its business partners could likely take out a loan and acquire the whole company (if they could find a way to deal with the 3billion in debt...)Lucent market cap in Dec 1999 was $285b
Wdit: i got Alcatel and Avaya mixed up. Avaya was spun off of Lucent. Alcatel was merged with Lucent.
I'm just saying, if the stock recovered to even 5 dollars you could make lifechanging amounts of money. They wouldn't have brought in a ringer of a CEO if they were expecting to just close the doors. If we could convince reddit or one of the WSB discords that this was a good idea, it could be insane.
Missed on earnings but beat on revenue. Revenue up 26% yoy and more importantly commercial revenue grew 46%.