Lucent Technologies (LU) Message Board

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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 (19505)	3/18/2002 9:09:45 PM
From: Sabrejet	Read Replies (1) of 21876

Technically speaking, we are still above the low set last week, that's a good thing. Margin calls etc will be up tomorrow and I believe that will allow the stock to bounce in the short term. As far as those who can't stand NT etc..., the simple fact is, LU will be hurt if NT falls. I still think and KNOW, that LU is in a much better position than NT, no question with relation to the balance sheet. The unknown is when is this cycle going to end? It's been brutal to say the least. The convertible buys LU plenty of time. The end result will be positive. Betting that the whole sector goes to zero is just not my kind of bet. Someone has to supply the market and LU is positioned just as good if not better than the rest of them. Sabre!

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