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Technology Stocks : Lucent Technologies (LU)
LU 2.665+3.5%Jan 21 3:59 PM EST

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To: Anonymous who wrote (11385)11/26/1999 8:56:00 PM
From: Ted Downs  Read Replies (1) of 21876
 
Anonymous,
I have reduced my "large" holding down to a modest one as of Wednesday. Should have waited until today and I'd have picked up a few bills.

I have almost sold LU several times since my original purchase. However, my 4000 shrs. are as of today a 10 bagger. There is something to be said for buy and hold when it comes to a quality holding. The other thing I have noticed particularly about LU is just when you are ready to throw in the towel it jumps. Tax consequences have also prevented me from lightening up. This one is a keeper so I really don't see any value in trading this stock until the world no longer needs and buys their products.

Ted
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