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Technology Stocks : Lucent Technologies (LU)
LU 2.650+0.4%Dec 26 9:30 AM EST

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To: Chip Roos who wrote (9602)9/22/1999 8:40:00 AM
From: Mark Palmberg  Read Replies (1) of 21876
 
Hi, Chip!

is Lucent at the 67 level a good time to jump in for a long term hold or do you guys think the stock may slide a bit further in days to come?

I wouldn't be buying anything right now except for Apple, which just got hammered. Historically (as I'm sure you know), October has been a sketchy month for stocks. I'd sit through October at least.

But watch out, because Lucent can really get a kick in the butt around Christmas and into February, particularly if this market sheds the shroud of Y2K nonsense.

Good luck!

Mark
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