Lucent Technologies (LU) Message Board

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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: Bindusagar Reddy who wrote (10527)	10/22/1999 5:55:00 PM
From: TTOSBT	Read Replies (2) of 21876

Re: " I belive lot of folks that are selling are the ones who bought in anticipation of earnings. SInce there is no movement, they are dumping. These are not what you call smart money." It is my opinion that insiders from Ascend are selling or will sell into positive earnings. That may be what is keeping the short's around. That and perhaps a negative spin on anticipated layoff? But LU should decrease head count through attrition and it will not effect the bottom line.JMO TTOSBT

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