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Technology Stocks : Lucent Technologies (LU)
LU 2.725-1.3%Jan 6 3:59 PM EST

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To: MRE who started this subject1/28/2001 10:22:08 PM
From: Fred Gohlke  Read Replies (1) of 21876
 
I'm not sure that I'd be such an agressive buyer at this point. While I certainly think LU is a strong firm, I don't think there is going to be a lot of money sloshing around in the communications industry while I can buy phone cards which give me Great Britain at 2.5 cents and Japan at 4 cents. The huge pools of money that were available to the comms via the long distance services simply don't have the same inflows they used to have. I got out after the Anixter announcement. I want to be in, but I think patience will be rewarded, so I'm going to hang loose for a while.

Fred
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