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Frank Pembleton

10/23/02 8:22 PM

#594 RE: Frank Pembleton #593

Is Sears the next Lucent?

The big retailer's in trouble for lending to its customers. Sound familiar?
October 23, 2002: 7:01 PM EDT
By Justin Lahart, CNN/Money staff writer



NEW YORK (CNN/Money) - The two businesses are vastly different, but Sears' recent problems sure are reminiscent of the jam Lucent got itself into a few years back.

http://money.cnn.com/2002/10/23/markets/sears/index.htm