Thread regarding Lumen Technologies layoffs

"Time to jump in big on Lumen stock. It's going to be rocket ship soon, but don't expect a %1000 jump, expect 85 to 100% jump up. You can basically double your money. It's heading to $2 "

... GO FOR IT!

https://www.sec.gov/Archives/edgar/data/18926/000001892624000047/a2024lumenproxynotice.htm

Items voted on May 14:

1. Elect 11 directors

...

2. Ratify the appointment of KPMG LLP as our independent auditor for 2024.
3. Approval of Our 2024 Equity Incentive Plan.
4. Ratify the Amendment and Restatement of Our NOL Rights Plan.
5. Approval of Amendments to Our Articles of Incorporation to:
   5a. Authorize a Reverse Stock Split of Our Common Shares
   5b. Reduce the Number of Authorized Common Shares
   5c. Eliminate the Par Value of Our Common Shares
6. Advisory vote to approve our executive compensation.
7. In their discretion to vote upon such other business as may properly come before the Meeting.

Board recommends "For" on all.

Just open an account with Moody's and go here to look at their credit ratings:

https://www.moodys.com/credit-ratings/Lumen-Technologies-Inc-credit-rating-159500/ratings/view-by-debt

I would lend money to my rest in peace father and expect payment some day before I think they'll bounce.

To the moon

Somebody bought some LUMN today it's up 6.8% to $1.10 on the day and the last trading day of the quarter. Last quarter it closed at $1.56

"It's heading to $2"

Maybe - after it drops to $.20 and they do a 10:1 reverse split?

Or how about $20 after a 100:1 reverse split!

since you're so sure of your gains show us your portfolio, oh wait, you're in for $100 shares at $1?

Time to jump in big on Lumen stock. It's going to be rocket ship soon, but don't expect a %1000 jump, expect 85 to 100% jump up. You can basically double your money. It's heading to $2

“Which presidential candidate is better for Lumen’s future?“

So it’s now down Either Judge Smails or Al Czervik, if you watched till the end of the Debate you’ll get the reference!!

Which presidential candidate is better for Lumen’s future?

All I remember was them preaching a colorless network. Never happened and won’t because everything is up for sale whether it be all or part. Red, Orange, Green come one, come all!

Wow, these dinosaur level 3ers are really pissy about getting fired. Long gone are the days of sitting at a desk and reselling fiber access. Too bad they never learned anything about the legacy side where all the jobs still are.

“Actually, 25 years ago this company was many different companies. You Qwest people seem to think it's all about the Qwest world.”

Yea, not a Qwest person. Nachio and his bunch were a bunch of lying criminals like storey and his bunch. And now Kate and her bunch. Gimme sol Trujillo again. At least he knew how to make money keep the stock over 90 bucks.

Bring back the 4000 layoff numbers again.

There is no more century link, it’s now just a brand, Level 3 as sold off or given away anything that was century link..… Qwest is still a corporation and it’s still here… in case you have noticed the “corporate headquarters”! In Monroe doesn’t even have a receptionist she got Riffed this spring… the CEO is in Seattle area, the CFO is in Denver area, Right the Light 😉

"My District 7 Union contract is still with the Qwest corporation / Doing business as Lumen, my pay checks still come from the Qwest corporation and my company truck says qwest on Its Registration … soooo a Qwest world still exists.. who knows it might out live this Level 3 /Century link hybrid creature"

You missed the point Sherlock. "This company" is several different companies under the Lumen/CenturyLink name, not just Qwest.

"this company" was doing pretty good until we bought Qwest.

Those A-Holes have infiltrated this venue to create further FUD throughout the org. in order to harm morale beyond the radical changes being incorporated internally; in order to assist their "short positions" in hopes of driving the enterprise into BK. That's how those horrible A-Holes make their profits. Without a legitimate authentication system, they are impossible contain no different than America's "voting" and "election system" which is similarly corrupt.

“Actually, 25 years ago this company was many different companies. You Qwest people seem to think it's all about the Qwest world”

My District 7 Union contract is still with the Qwest corporation / Doing business as Lumen, my pay checks still come from the Qwest corporation and my company truck says qwest on Its Registration … soooo a Qwest world still exists.. who knows it might out live this Level 3 /Century link hybrid creature

"25 years ago this company was US West"

Actually, 25 years ago this company was many different companies. You Qwest people seem to think it's all about the Qwest world.

“Feb 6, 2002 — DENVER--Qwest Communications International said it completed its purchase of local phone company US West for about $44 billion in “

“In September 2005, Verizon Communications began offering a fiber optic digital television service, which became available for 9,000 customers in Keller, Texas. Called Fios TV, the service aimed to replace copper wires with optical fibers.“

Ok 20 yrs ago.. talk about Bering Petty!! Gezzzz.. the point remains the same!!

“this is the result of having drunk the residential legacy copper Kool-aide for too long… 25 years ago both CTL & Qwest need to be investing in their residential fiber network.. instead they squandered those profits that they should have reinvested in the company’s. KARMA has just served us what we deserve!”

25 years ago this company was US West. This little company called Qwest had thousands of miles of fiber along rail road tracks. Dark fiber to be exact. But tell me…who had residential fiber in 1999? Maybe you should have started your own fiber company and spent a billion dollars running fiber to every house. Just think… you could be todays Lumen. Weird huh?

More layoffs coming within next several months.

There's some SLT folks who are ready to take the consumer funds and will buy 1 million shares. The poor stock performance is direct reflection of the SLT folks.

Buy big now and ride the wave and get rewarded on a failing company.

"There's resistance at 0.97-0.98 from last November, but if it goes below that then yeah the next support level is 0.78."

...and... there we are now already, in a nosedive course at $1.00. Good prediction!

“Which is absolutely true. Rip Taylor didn't come to the Board, throw up confetti and say let's gut this B!“

LMAO.. This made my morning

Woke did not break this company. The role of a CEO is determined by the Board of Directors.

Wikipedia excerpt:
"The CEO is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors".

Which is absolutely true. Rip Taylor didn't come to the Board, throw up confetti and say let's gut this B!

The Board of Directors drafts up the gameplay, and right now it's Sell, Cut and grab federal funding. Partner with Assan Motor Company (fictional 80s Gung Ho) and see if that does anything... because quite frankly I (as a consumer) do not know who the heck these FEW companies are that we gain a contract and make the news. You could say Assan Motor Company and I wouldn't know.

“This is what happens when a woman runs a company“
(1 I’m not a fan of Kate)... but it is what it is, and what it is isn’t great

So look at this way.. she may be the captain or the ship.. but the owners pay for the maintenance, pick the cargo and the destination.. you can always switch captains while the boat sinks.. won’t do much good..

this is the result of having drunk the residential legacy copper Kool-aide for too long… 25 years ago both CTL & Qwest need to be investing in their residential fiber network.. instead they squandered those profits that they should have reinvested in the company’s. KARMA has just served us what we deserve!

FACT: The company is receiving revenue. Not a quarter goes by that we received 0 dollars. The company is NOT exceeding expectations and the dollar received is less than previous quarter. Therefore, we are not generating revenue only declining. What do we have to offer to the public? We passed on cell service, we passed on PRISM, we passed on VDSL. We sold 16 states away. We stopped dividends. If you don't realize by now, the Board of Directors (who rank higher than the CEO) are having a yard sale to gut out as much of the company to fill their pockets. No one in their right mind would say Sell 16 states, Sell the Latin market, Sell the overseas fiber, bring the 5th largest telecommunications company down to a Kiosk stand inside of a dying mall. Our stock will continue to fall until this company tells the public, our consumers what the heck we offer, at a stellar price, and any other bells and whistles we decide to cosponsor. Like Lumen and PetSmart, Lumen and Nabisco, Lumen and Papa Johns, Lumen and Netflix. However odd it is, we need the public to see how relatable we are to their day to day life. We need more customers to generate more revenue. Not this Go Down before we Go Up BS. Unless, the Board is only after selling for profits.

There's resistance at 0.97-0.98 from last November, but if it goes below that then yeah the next support level is 0.78.

Hard to say what will happen over the next month between now and earnings release. Probably not much in either direction. But if there's a Revenue miss then LOOK OUT BELOW!

The price is a reflection of the lack of confidence the financial sector holds in regards to the company’s future. Even once the turnaround is completed it’s going to be a long time before enough of that 16 billion in debt is serviced as to allow for dividends to be paid. Only the entity’s who are up for gambling on long term returns are interested in being shareholders here.. Lumen is looking at either a decade of stagnation or bankruptcy…” those are my thoughts”

This is what happens when a woman runs a company

Yeah, I've got some thoughts. This isn't a stock board. Fu-k off back to Yahoo or Seeking A--holes.