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Technology Stocks : Lucent Technologies (LU)
LU 2.650+0.4%Dec 26 9:30 AM EST
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To: Dolfan who wrote (18516)8/1/2001 1:16:22 PM
From: John Chen  Read Replies (1) of 21876
 
Dolfan,OT:"dreaming". I had a bad dream regarding this
sort of thing. About 8 years ago, I had a stock for $5 and
then WSJ had this little article saying: 'S&P rating
has doubt on this company as a going concern'. I sold
the stock at $4. Within week, it bounced back to $5+...
and the rest is history: I think the company went as high
as $1000 (conservatively) and later got bought out in the
telecom frenzy.

Environment is different this time, the frenzy is gone,
the 'growth' is less. I don't expect LU to be $1000+.
$8 to $10 sounds reasonable in 6-12 months.
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