Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.570

-3.0%

3:59 PM EST

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To: American Spirit who wrote (15474)	7/21/2000 8:06:50 AM
From: Techplayer	Read Replies (1) of 21876

AS, That could be, but the support in the 50 range before might have been in place to because LU promised a return to growth after the debacle in January. I dumped early yesterday in the mid to high 50's (some in the premarket) under the assumption this support may be lowerd now that the company is showing 0 growth for the past year. I do agree that when the ME group is spun 100% that there is likely to be an upside, but as I illustrated with the STLW/METHA deal, that might not be realized until ME is completely separated. Do you think that LU will exceed 57 anytime soon? thanks, tp

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