Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.570

-3.0%

Nov 17 3:59 PM EST

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To: sunfish who wrote (11812)	12/22/1999 9:43:00 AM
From: Joe S Pack	Read Replies (1) 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. I think there is one more thing going on here. They are selling CSCO and NT to enter LU. So they want the average Joe's to hold them there while they sell CSCO & NT and get LU at a lower price. You have to do opposite of what these guys say unless it is confirmed by company or earnings. -Nat

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