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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%Nov 21 9:30 AM EST

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To: Billiam57 who wrote (9056)8/5/1999 9:47:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 21876
 
Bill I always bash stocks were management is issuing misleading financial statements.

I also was telling SI posters to sell out SIII above $20 in 1996, VLSI above $30 1997, CA above $55 in 1998 and the list is longer. Got flack from the resident bullass on each occasion.

I am not in love with any stock and play it both ways.

Presently no position in LU even that I was tempted to buy today
around 61.

A fierce response from bullasses always indicated that the stock is prime for more retracement.

As to LU it was $54 in July 1998, $60 on January 1999 and now is around $64.

Well why the risk for treasury bill performance. Not to mention that strips yield now a secure 6.5% guarantied by Uncle Sam.

#reply-10829911

Haim

BTW for a long time now, I do not post on a tread wen I have a one sided position in the stock discussed. I also do not read them as they only distract. Entertainment is another story <GG>
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