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Technology Stocks : Lucent Technologies (LU)
LU 2.670-1.5%Jan 23 9:30 AM EST
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To: TCGNJ who wrote (16309)9/26/2000 8:25:16 PM
From: Robert F Herman  Read Replies (2) of 21876
 
How far will Lucent fall? I don’t usually bottom fish but I made this stock an exception. I bought in at 37 and it has continued to plunge downward. Don’t plan on picking the bottom as that is difficult but thought I was close. There have been signs that LU is ready to break out of the doldrums as each morning it starts out with a gain then succumbs to the rest of the market late in the morning. Maybe with this being the last week of the warning period, it will hold its gains as the market is also ready to recuperate from the losses of the past four weeks.
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