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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: Anonymous who wrote (16015)9/14/2000 7:56:19 AM
From: American Spirit  Read Replies (1) of 21876
 
LU at 30 PE is very undervalued if you consider the valuation of its peers. LU needs to streamline and get on-track toward higher growth numbers again but if one could unlock their assets using spin-offs (which they are in the process of doing) this is a $100 stock. The recent tumble has more to do with negative perception than anything else. LU will regain its form and perceptions will change. An ultra-long buy down here IMHO.
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