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Technology Stocks : Lucent Technologies (LU)

LU 2.500

-0.8%

Nov 28 9:30 AM EST

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To: Mighty Mizzou who wrote (9099)	8/10/1999 12:04:00 PM
From: The Phoenix	Read Replies (1) of 21876

OG is probably standing on a window sill thinking about jumping. CSCO 59 1/8 and dropping like a rock! Hee hee.. nah.. not really. As always CSCO is in sell-off at earnings. Used to be the sell-off would occur after announcement. Last two quarters it's been the day of the announcement and now it's a day before. As I said to you in PM Mizzou, I fully expect to be buying CSCO in the high 40's, LU in the low 50's and NT in the high 60's by November. I've got cash on the side and have been waiting for the late summer sell-off. With Cisco's announcement today (unless they totally blow out the number which we both know they won't - they'll announce their boring .01 over) the late summer sell-off will be in full swing. I would not be a buyer in this market.... not yet. OG

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