How Lucent Lost It

ROGER LOWENSTEIN

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How Lucent Lost It

机译：朗讯如何迷失它

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At the height of the great telecom bubble, Lisa Endlich reminds us, Lucent Technologies' stock was "as good as currency." Arguably, it was better than that: Lucent stock could buy whatever the company wanted. Its executives pretended that the business was growing in predictable quarterly intervals―and its investors bought the lie. So universal was the acclaim, Endlich observes in Optical Illusions: Lucent and the Crash of Telecom, that "the chorus of those singing Lucent's praises had almost no dissenters."

机译：在电信泡沫最严重的时候，Lisa Endlich提醒我们，朗讯科技的股票“和货币一样好”。可以说，这比那更好：朗讯股票可以购买公司想要的任何东西。该公司的高管假装该业务以可预测的季度间隔增长，而投资者则撒了谎。 Endlich在《光学幻象：朗讯和电信的崩溃》中如此赞誉如此之广，以至于“那些歌颂朗讯赞美的人的合唱几乎没有异议”。

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《Technology Review》 |2005年第2期|p.78-80|共3页
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ROGER LOWENSTEIN;
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正文语种 eng
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How Lucent Lost It

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