Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.760

+3.0%

Jan 5 3:59 PM EST

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To: Pat Hughes who wrote (7957)	5/21/1999 11:37:00 AM
From: Mark Palmberg	Read Replies (1) of 21876

We also need to make it clear that Haim trades this stock; he doesn't hold it. If he makes money trading LU, great. I make money holding LU. Our investment horizons and styles are different, so I don't care about Haim's short-term speculation and unfounded observations about Lucent's stock manipulation, which do nothing but provide short-term trading opps. No doubt my reasons for holding Lucent are equally uninteresting to Haim, regardless of their basis in past performance, current market dominance, and the unparalleled quality of Lucent's management. It's like saying a flat tire on a Toyota makes the car useless. Haim would sell the car when it got a flat and but it back after the tire was fixed (depending on whether he's doing calls or puts). I'd keep the car while the tire was fixed and then drive it for another 100,000 miles. Haim pays transaction fees, while I just coast on through the rough spots and let Lucent's DRIP do the work. To each his or her own. Mark PS GO LU (long) ;)

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