Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.640

-2.9%

Jan 9 9:30 AM EST

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To: Dave who wrote (17498)	1/12/2001 9:52:58 PM
From: John Soileau	Read Replies (2) of 21876

Dave, I wasn't around for the LU fall, and wasn't addressing what those earlier investors should do. Cramer had said LU should be avoided (i. e. not purchased) just before a big runup and I (fortunately) couldn't see that call making sense at all. point is, LU at 13, DESPITE its problems was attractive and undervalued. To say it should be avoided __at that price point__ was, plain and simple, a bad call by Cramer. Nortel's a great stock, but it isn't necessary to pit one against the other. A 46% rise in 12 days requires no apologies, and that hasn't happened frequently with Nortel, its admittedly better management and product line notwithstanding. John

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