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Technology Stocks : Lucent Technologies (LU)
LU 2.680+0.2%12:12 PM EST

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To: Jeff Jordan who wrote (16032)9/12/2000 4:58:20 PM
From: EL KABONG!!!  Read Replies (1) of 21876
 
Hello thread,

LU finally fell into my price range. I had a buy target of 38 and got in early this afternoon at 36 5/8. As a long term, buy-and-hold type, I feel that I got a reasonably fair price for the long haul.

I know that many of you have bought in at (much) higher prices, but what is the thread sentiment right now regarding Lucy? Optimistic or pessimistic (for the long term)? Any feelings on the Avaya spin-off? I know the ratio will be 12 to 1 for shareholders of record on 9/20, effective 9/30... But how does the thread view this? As a plus or a minus?

What about the future spin-offs? Any thoughts there?

Even though things look somewhat bleak right now, I think that LU can turn it around within the next few quarters. I wouldn't have backed the truck up if I felt otherwise. Best wishes to everyone.

Thanks.

KJC
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