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: Killian who wrote (8176)	6/18/1999 3:52:00 PM
From: Clay Takaya	of 21876

<<Not to get anyones hopes up but it looks like we're breaking through resistance! @ 62 5/16!>> If true, there goes a great profitable trading range. My trading account is worried :-(, my long-term account is smiling :-). IMHO, if this Nexabit rumor turns out to be true, we could really see some upward progress. One of the remaining valid criticisms of LU is that it doesn't have a packet IP strategy in place. With Nexabit, this goes away and although I don't truly understand the nuts and bolts of terabit routers, LU could be seen as leapfrogging CSCO (which I am also long, but not as). Let the good times roll, Clay

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