Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.820

0.0%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Philosopher who wrote (13102)	1/31/2000 12:33:00 PM
From: Jarhead	Read Replies (1) of 21876

My attack is to own core companies like Lucent that I am confident will be here long term and then try to anticipate what sectors will be ahead in the next thirty years that have the opportunity to last or be purchased. I am ever mindful that there were lots of computer companies out there that went belly up, even though everyone knew computers were the wave of the future. I took a basket approach on the internet (CMGI and ICGE) and a bet that DWDM and photonics will be the wave of the future (JDSU). I am long CSCO and MSFT and really dont even check the prices anymore. They are another of the sleep soundly sort of stock that, if not as sexy as some others, add to the bottom line every year. I know (family members are a ever present reminder) that my approach will not make me a million overnight, but it is clear that it will in a few years, and by retirement I will be asking the one day spouse which house she wants to visit this week! Hope you hit the 5 year window AND have no need to draw on the principle. With a 5 year horizon I would be tempted to pick up MO with a 10% yield and sell options. The combined return ought to net well in excess of 30% per year. Jarhead

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next