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Technology Stocks : Lucent Technologies (LU)
LU 2.660-1.5%Dec 12 9:30 AM EST

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To: MONACO who wrote (5101)12/5/1998 6:02:00 AM
From: E. Davies   of 21876
 
God I love it when a plan comes together! <g>
Actually though my ony regret was that I had a big order to buy LU calls on any dip below Thurs. close. Oh well
For all you wondering why such a big move you only need to look at the chart. LU was a coiled spring just waiting for something to let it go. Everyone else looking at the chart saw the same thing, so everybody piled on when it started to move.
I'm guessing (& hoping) we might see a pullback to maybe 93 over the next 2-3 days where I'll buy more. Then its straight up to bounce off 100, then bounce off 108 1/2 (all time high), then easy move to 120.
Climb aboard!
Eric
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