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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%3:59 PM EST

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To: Anonymous who wrote (10032)10/15/1999 10:33:00 PM
From: Anonymous  Read Replies (1) of 21876
 
For the THREAD -

Based on the last 30+ comments I just read, it appears that everyone around thinks that LUCENT was the only stock that dropped today. In my humble opinion (IMHO) I would say that anybody trying to predict where any stock will go in an emotional market like this could only be considered lucky if his predictions headed in the right direction. I would say that saying a stock will go down on Monday, based on the trend for the week just completed, well, I would say that you would probably be correct more times than you would be incorrect. Now that is making a prediction.

If anybody knew anything around here then they would have said sell LUCENT back on July 16 of this year and they would still be saying sit on your money until this month is over.

Right now, with sentiment the way it is, even if LUCENT announced on October 26 before the market opened that they have beaten the Street by 3 cents....well, I'm betting it will probably be another sell on the news day, even if the stock is still down.

Anonymous
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