SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.645+0.8%Dec 8 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Howard Feinstein who wrote (10730)10/26/1999 11:14:00 PM
From: slacker711   of 21876
 

If the earnings were as good as they were why was the stock trading so poorly for weeks, months?? I got to believe somebody must have known the earnings were coming in good! I'm sure a lot of investors sold off and are pissed off now, at least for the moment! Making money on stocks involves more than the companies fundamentals! LU should have been trading much stronger for at least a week before the earnings!

If the earnings had been bad others would have been accusing the "market" of knowing the bad results before hand and that's why the stock dropped. Instead the company beat estimates and so the "market" must have known about the good results and shaken out the weak investors on purpose.

JMO....Worry about the fundamentals, the rest is just noise.

Slacker
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext