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The $72 BILLION Wipeout: How Lucent Tech's Overexpansion Fueled the Dot-Com Crash.
How did Lucent, once a telecom powerhouse spun from AT&T, manage to lose $72 billion in market value between 2000 and 2002? The company's stock fell 90% as its aggressive revenue forecasts assumed endless telecom demand, leading to massive inventory write-downs and accounting restatements. This episode perfectly exemplifies the dangers inherent ...
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