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Technology Stocks : Lucent Technologies (LU)

LU 2.670

-0.4%

Dec 22 3:59 PM EST

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To: Techplayer who wrote (10453)	10/21/1999 10:20:00 AM
From: William Hunt	Read Replies (1) of 21876

briand ---This is the second time LU has broken it's 200 moving day average since going public . If it follow's last year dip we should go to 48 before it turns around . This Y2K issue is a joke ---IBM blew this by not working with their customers in order to maintain a consistent earnings stream . How long has this issue been known ? Seems like forever ---Just hope McGinn has handle this issue better than IBM has ---to me it is a phoney excuse . By the way mutual funds close their year end this month ---their bonus are based upon how the fund close OCT 31st . They must be licking their chops to get back in at lower prices November 1st . They will be pushing the market lower if they can help by talking down stocks . One other issue hopefully has been resolved --interest rates should not go up in November ---If they do we will have a real problem BEST WISHES BILL

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