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Technology Stocks : Lucent Technologies (LU)
LU 2.690+5.1%Jan 2 9:30 AM EST
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To: Anonymous who wrote (17544)1/22/2001 5:03:07 PM
From: R.E.B.  Read Replies (1) of 21876
 
This is hardly a sell off. The stock has climbed nearly every day for two weeks, a pause is expected. Additionally, the volume was sub-par based on the volume when the accumulation was going on. The block trades over the last two weeks suggests that the big boys were stepping back in..... one day of profit taking does not establish a downward trend. I think the warnings and guidance was designed to paint the worse possible picture so that that it will be met or exceeded at all cost. We shall see.
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