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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: The Phoenix who wrote (10074)10/16/1999 11:41:00 AM
From: hitesh puri  Read Replies (2) of 21876
 
Well, the Street.Com goonies are back again with their Lucent trashing now on their TV show. To be honest, I am not being a blind bull of Lucent and these kind of reports highlighting possible stock troubles are unnerving. But the question remains with respect to the targeting of Lucent alone. Herb Greenbergs prediction that LU will fall after their earnings announcement was met with "rebuttal" from Brenda Buttner :-) She said that what they were doing was done by lot of other companies and its legal.
It might be too late to react defensively in my opinion since the stock is already down 25% from the high.

-Hitesh
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