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Technology Stocks : Lucent Technologies (LU)
LU 2.555-0.6%9:54 AM EST

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To: Joel Karlinsky who wrote (11805)12/22/1999 1:01:00 AM
From: sunfish  Read Replies (2) of 21876
 
JP Morgan has almost $1.9 B invested in Lucent. It's hard to see how they benefit from a negative report. Unless they plan on buying more.

Probably correct IMHO. A couple of big clients who want to get into Lucent because it has been lagging NT & CSCO as of late. Buying and selling based on brokerage up/down grades is surest way to lose money in this "fish in a barrel" market! Don't give JP a second thought even if we get a blip here.
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