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Technology Stocks : Lucent Technologies (LU)
LU 2.820-0.5%Nov 6 3:59 PM EST

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To: Anonymous who wrote (17503)1/18/2001 6:08:59 PM
From: Anonymous  Read Replies (2) of 21876
 
Someone was just on CNBC (an analyst or head of a fund, sorry I just caught the end of the conversation), however, when asked by a caller what he thought of LUCENT he said that if you could catch it at a price beginning with a 2 you should take advantage of that.

He said he thought it would soon pop maybe into the mid 20's and that the caller should take advantage of that.

At first I thought the analyst was advising to "buy" but then he said this is a troubled company so I guess he meant sell as soon as it got into a price range starting with a 2.

When he was told that LUCENT was just over $20 in after hours, he was surprised.

Anybody catch the same thing I did?
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