Thread regarding Lumen Technologies layoffs

We have nothing

I am an investor and I have a huge portfolio. One of my higher invested stocks is Home Depot. I shop at Home Depot, I know what they offer in the store, online and outside of their company. I receive their quarterly report and their company mailings of upcoming events and products. We all know what Home Depot offers. You do not need to be an investor to know what they sell.

What the heck does Lumen offer?

Nothing is advertised, so does that mean you only know Lumen by word of mouth? I have not seen a single Lumen commercial for anything. Is it because Qwest - CenturyLink have monopolized areas that a business owner only calls Lumen because no one else is around? Lumen is not a commodity like Lumber or Orange Juice / company with a consistent material. Half the company is old legacy and half is fiber. If you cut legacy away; then what? Do we go door to door with leaflets asking larger businesses to jump onto our fiber? Is Lumen going to advertise to Large Businesses only?

I understand people posting here hate legacy or copper. We have competitors that are (also) placing fiber and still embracing their old technology. I am watching the trading with Lumen stock and it's more investors leaving with the "shorts" cashing out. There is very minimal gain... hence the reason the stock price is falling. Feels like a play and people are walking out but the actors are asking people not to leave and to stay in the theater....as if the play is going to get better.

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| 1581 views | | 5 replies (last March 28, 2023) | Reply
Post ID: @OP+1lKTNU57

5 replies (most recent on top)

Not a chance in he-l you have a huge portfolio of stocks.

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Post ID: @7efl+1lKTNU57

Um excuse me! Lumen is the platform for amazing things….. like amazing how fast they can drive the stock down. And amazing how they can make big promises to wall street and employees only to lie on not actually follow through. Amazing how mismanaged they are and actively run off what little customer base they have left. It truly is AMAZING!

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Post ID: @1jak+1lKTNU57

At this point nobody would buy this company when its already on a ventilator. Why buy all that debt when you can wait for it to go belly up and get the assets for dirt cheap and no debt.

For all we know, Kate is there to ensure this happens while "fighting like he-l", then retiring again with her extra millions.

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Post ID: @bvu+1lKTNU57

So our current lifeline is the Sales team calling out to make a sale? Or are there actual customers calling us for service? And second point. When the old legacy is cut away; then who would be calling Lumen if legacy belongs to another company? The products that the sales teams are pushing is what goes to the buyer. After legacy is cut away; will that be the moment the public will see an advertisement from Lumen and what it wants to offer? Like a build up for something that will be years in the making ...unless the company goes bankrupt before then. Hope I'm making sense.

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Post ID: @wtg+1lKTNU57

It’s called a Sales team…… but they are beat down too. So much being asked of them right now, and the company is not backing them up. Only so many times you can go to a customer to ask them to buy something, especially these new “complex solutions”, and then F it up during service delivery….. pretty soon you run through all the big businesses by doing that and you’re burned……

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Post ID: @oes+1lKTNU57

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