Word: schacht
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...most of 2000, once-high-flying telecom equipment maker Lucent Technologies was the poster child for Internet depression. A high-tech AT&T spinoff that, as CEO Henry Schacht went around saying this winter, tried too hard to be a high-speed, high-growth dot-com, Lucent has gone from highly regarded - mentioned in the same bellwether breath as Cisco, Intel and Microsoft - to highly suspect...
...stock near $80 a share, Lucent delivered its first self-inflicted blow: First-quarter earnings would fall short of Wall Street expectations. Another warning came in July about the fourth quarter. In October, the company fired its CEO and warned about its next report, and in December new CEO Schacht announced that Lucent would have to go back and cut revenues by $679 million for the fiscal year that had ended three months before. These days the stock is somewhere in the high teens...
Among those already named to this group are Thomas Murphy, who chairs the Business School's visiting committee; Henry Schacht, chair of the board of directors of the associates of the Business School; and Business School Alumni Association President Peter Sacerdote...
...this time, and I respect their decision. I will have plenty of opportunities to take part more actively in the future, and I look forward to signing a card soon and to casting a ballot for the negotiating committee that will negotiate our contract in the near future. Katherine Schacht Widener Acquisitions Receipts
...Abraham's rite of passage to tenure. Wehler disliked what he called the dogmatic framework of the book and would not recommend tenure. Turner, meanwhile, circularized colleagues, sending them several of Abraham's quotations, together with underlying source documents that seemed contradictory. For example, Abraham cited Banker Hjalmar Schacht as calling the Nazis "the positive force" and telling associates "we should contribute to them and their efforts." Actually, Schacht did not use the word "positive" or urge direct contributions...