| Meanwhile, what investors are not seeing happening is a recovery in corporate profits, which is driving stock prices lower. Phone equipment-maker Lucent Technologies, one of the favorites on Wall Street not too long ago, is reported to be planning another 10,000 job cuts, that's about 10% of the jobs left at Lucent. The move comes as the company is undergoing a drastic restructuring in an effort to reverse its falling fortunes. |
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