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Technology Stocks : Lucent Technologies (LU)
LU 2.760-2.3%1:22 PM EST

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To: sylvester80 who wrote (16631)10/10/2000 7:07:26 PM
From: X Y Zebra  Read Replies (1) of 21876
 
I'm thinking of opening a long position. Thanks.

Message 14469963

Still looking...(since $50). I did not sell the puts, (as I was considering in the above post), I decided to sit it out. I did not like the potential obligation to buy LU, in stead I shall keep the cash as I have some covered calls in other co's that I may buy back if the market turns.

Frankly, aside from LU's problem, the overall market needs to turn before anything positive can happen.

The timing of LU's problems has been in the near-worst overall market sentiment of late... perhaps this will lead to the needed final killing sell-off so we can attempt to rebuild.

Unfortunately, in the process, young Lucky Lucy has become a middle aged psychotic Lucretia McEvil... She is going to have to go to the shrink before Mr. Market will date her again !

Just my opinion.
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