Thread regarding Lumen Technologies layoffs

WE Should have known Sunit Patel would scram before the dust could evaporate from his heels.

A hedge fund who bought LUMN shares at any price above $1 has a d-mb hedge fund manager. Mistakes are made all the time in investing. LUMN share price will be stuck below $2 for many years to come. The best KJ can do would be to use cash to do buyback. It's been said many time by others that there's many other places to invest money that has good returns including dividends. The Level3 holdovers are the problem and maybe some day KJ will realize that. Lumen is currently not in a position to be named a good investment and analysts all over are moving their hold advisement to sell.

Charles Schwab's Investment Management Team is buying a lot of Lumen's cr-p. I guess Lumen's cr-p doesn't stink.

Fourth Largest Shareholder as of first quarter's end.

Charles Schwab Investment Management Inc 3/31/2024 30,809,026 +4,505,025

You got a mouse in your pocket, Let's Go Re--rd?

This is layoff board with employees who know the actual score not your outside pump and chump nonsense.

Go fu-k off. No one here buys your cr-p.

If the poster who used the expletive by wanting to send THE SHORT CABAL back to YAHOO is what was that pseudo meant, we WISH we could recommend that POST with the same 150MM short shares they continue to "counterfeit" in order to cast a pall while keeping their short narratives alive with life threatening BK FUD knowing this Company's runway was just extended to 2029 and BEYOND!

Fu-k off back to Yahoo.

A case can be made against O'Mason Hawkins and Staley Cates directly, since these two SEAM, aka, Longleaf Capital Buffoons go all the way back to Lumen's predecessor, Level 3 Communications(LVLT), so they did everything wrong for DECADES without acknowledging their errors.

Even more recently, they had a hand picked board member, Hal Jones, who we VOTED AGAINST since he still inside the board room TODAY!, since they refused "to sit by idly," while expecting to agitate favorable changes including the bad decision to monetize legacy "high margin, high free cash flow assets" which Wall Street encouraged them to do for their greedy, exorbitant fees, but then gave NO CREDIT Lumen doing so, while beating the stock price down to today's value some $12+Billion gross asset sales later!

To mention SEAM on this board is clearly being brought up by a "sell side" hedge fund cabal seeking to discourage employees and investors here alike.

We believe Kate is going to turn this Company around or sell it further, and entirely, prior to it being too late. We think she is onto something with all the "proprietary gifts" she possesses underneath Lumen's hood built on a Classic Level 3 Chassis, so whomever these shorts are lobbying for ReOrg just as soon as the ink dried on the TSA was signed, should be having their heads handed back SHAREHOLDERS on a SILVER PLATTER by Kate Johnson.

Know your history, you fools, and stop misleading through LIES on this forum. We look forward to SEAM being made into the fools they were in the past, by becoming the biggest fools FOR SELLING tomorrow!

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000018926/6b214003-7e6e-40b4-b0e1-400e1ede6084.pdf

On
December
28,
2019,
the
Board,
on
the
recommendation
of
its
nominating
and
corporate
governance
committee,
voted
to
increase
its
size
from
13members
to
14
members
and
to
appoint
Hal
Jones
to
fill
the
newly-created
vacancy,
with
each
such
action
effective
as
of
January
1,

Mr.
Jones
wasselected
by
the
Board
from
several
director
candidates
put
forth
by
Southeastern
Asset
Management

https://www.forbes.com/sites/gurufocus/2020/12/11/mason-hawkins-southeastern-strengthens-connection-with-lumen-technologies/?sh=6fa025e6748a

There is NO part of this transformation that is sustainable going forward...much less sustaining revenue from it. Investors know it, SLT knows it and the employees know it. Anyone left around is just riding the ship till the end and head strong enough to deal with the internal issues as they come! After the last 7 yrs of failed transformation and internal issues seemingly propagating daily, IF leadership thinks they are getting anything more than the bare minimum, thats on them! We are now in the transformation stage of "battling for attrition".

Translation: buying Lumen stock was a bad bad mistake and a hard lesson learned.