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Technology Stocks : Lucent Technologies (LU)

LU 2.550

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3:59 PM EST

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To: Justin Franks who wrote (3937)	9/8/1998 1:25:00 PM
From: larry	of 21876

JF, Not to try to show no respect to your PHD degree since I am also going to do a MBA next year. But like Craig mentioned, the PHD degree is not going to help you in trading. All my buddies who are in MBA or have graduated lost big bucks as soon as they get into the sucker school. My best friend was up 200% in the 2 years before he went to business school, and now since he went to the school half a year ago, he has lost more than 60% of his value in his portfolio. In the SI AMZN thread, there are several professors who teach economics in the Ivy league schools. They are all down big in the last two to three years. One guy lost over a million dollars shorting YHOO!, AMZN, and AOL (he covered with probably a more than 200% loss). I don't want to go on and on since there are so many examples out there. My advice to you is that your PHD degree is not going to help you pick the winners. Trend is your best friend. Here is to hope that I won't become a sucker in two years. good luck, larry!

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