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Technology Stocks : Lucent Technologies (LU)
LU 2.685-0.4%Jan 28 3:59 PM EST
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To: Jeff Jordan who wrote (16001)9/11/2000 5:48:25 PM
From: MDGO  Read Replies (1) of 21876
 
LU stock is in a tug of war.
On the positive end 1) The sector is weak ie. CSCO, NT, ALA
On the negative end and of much greater concern.
1)Lu has not shown evidence of a turn around. Probably
another 2 or 3 quarters and until then the Analysts will
be very skeptical and rightly so. LU has on more than one
occasion misled the shareholder. 2)End of the year tax
selling is underway. 3)Same CEO and BOD who created the LU
disaster.
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