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Technology Stocks : Lucent Technologies (LU)

LU 2.430

-5.1%

3:59 PM EST

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To: Chuzzlewit who wrote (12047)	1/5/2000 2:32:00 PM
From: Zoltan!	Read Replies (2) of 21876

>>it is not axiomatic that if you buy a stock you endorse the price. It sure is, if even only for the duration that they own. Besides, your response is a diversion. Doll wasn't talking about momentum investing, he was talking about making a LT investment in Cisco at today's levels, which he endorsed. >>Give me a rationale for CSCO's share price based either on projected earnings or cash flow together with long-term growth assumptions. If you can convince me I will buy today. I doubt that since I believe you sold at much lower levels. I know that Cisco is unique, a dynamic blue-chip security that will witness explosive earnings growth during the next five years and beyond. Cisco is the clear market leader in networking products and is expanding its reach dramatically. It is my determination, among others, that Cisco is perfectly positioned to capitalize on the surging popularity of the Internet. I suspect that therein lies the reason behind the premium Cisco does and will continue to command. I have dozens of these: Message 2850738 btw, they never "revisit".

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