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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (34814)9/13/2000 11:40:59 PM
From: maverick61  Read Replies (2) of 57584
 
Spirit - first let me say that I own LU, have for some time, but I believe I'll shoot even par over 18 holes golfing before LU hits 100 - and you have not seen me golf - lol.

Seriously, as much as I would like to see LU hit 100 - I see no chance of that happening anytime in the foreseeable future. I know you love value techs - but why are you so optimistic LU? Shoot, if someone would offer to take me out of my shares at 50+ right now I'd jump at it. Where do you see all this hidden value in LU, and how do you see their to date, inept management, unlocking it?

And I know you think just because many of the stocks that have been beaten down or previously warned are low risk, but that doesn't mean they can't fall further - as evidenced by BMCS:

15:33 ET BMC Software (BMCS) 20 -3 1/8 (-13.5%): -- Update -- Briefing.com hearing the BMCS earnings concerns from sources at the CS First Boston. One of the reasons that investors have been quick to accept possibility of a shortfall is that BMCS warned last qtr.

believe me, I probably love a bargain more than most folks, but I still think you need to be very careful in picking and choosing among the so called value tech stocks. Just my 2 cents
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