Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.4%

1:15 PM EST

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To: John Curtis who wrote (18474)	7/25/2001 8:58:19 PM
From: Anonymous	Read Replies (2) of 21876

"Meanwhile on the traders buy/sell front it looks like the conflict between opposing sides has become more civilized, with the sell side appearing to cap things at $6.75 (every time LU gets to that point the selling increases by my aforementioned 100 factor), whereat they then "squash" it back to ~$6.68 or so." I've been playing in that range for a while now. Have made a couple of bucks within my 401K plan where I can move back and forth without the worry of cap gains and such. Don't make much on each move but it is adding up and helping me recoup a little of those rather large paper losses I have. I've become a trader in this stock rather than an investor. Of course Lehman's Steve Levy's rating the stock a "strong buy" today has thrown a sprag into the wheel of things and I'll have to sit back and take a wait and see attitude until things smooth out again. And the company's bond rating, should it change in the future, will add another dimension...........ANON

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