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Technology Stocks : LU: Long-term Prospects
LU 2.625+2.9%Dec 5 3:59 PM EST

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To: RavBruce who wrote (7)4/7/1998 6:27:00 PM
From: OldAIMGuy  Read Replies (1) of 82
 
Hi BBS,
I, too, was an owner of LU as a spin-out from T. The shares had a tiny cost base and I didn't sell for a very long time. However, persistent nose bleeds from recent elevations finally got me to unload the shares. Unfortunately I was about a month too early!

I love the communications stocks and remain heavily invested in several different companies which are involved. I anticipate that I'll continue to be so for many years. I'd love to own LU again. Somehow I think I'll get the chance.

I believe it is next week that Value Line comes out with their next reports on the Telecomm. Equipment sector. It will be interesting to see what their thoughts are on the group. They liked DIGI last January, but it's been a little woofer all quarter long.

Being a bit acrophobic about LU caused me to miss the whole of the most recent run from about $45 (post split) to it's present levels. I have to hand it to all of you, and I guess I DID!!! :-)

Thanks for the new thread.

Best regards,
Tom
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