Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.745

-2.8%

Nov 12 3:59 PM EST

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To: James A. Venooker who wrote (13405)	2/9/2000 7:27:00 AM
From: Techplayer	Read Replies (2) of 21876

James, I hope that you are correct. I like your patient approach. It is difficult to maintain that approach in a market where gains of 30-100% are not uncommon in periods of 1-6 months. I have taken a position in AVNX, though the price is steep, primarily due to the belief that the market that they are in will afford them a massive premium. If LU was to purchase the company for 11-13 billion or more, that would not be prudent. If the pooling methods of accounting are disallowed, a purchase of that magnitude would create an anchor on earnings. All in my opinion. Brian

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