SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.710+0.2%11:09 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anonymous who wrote (20072)5/6/2002 9:47:54 PM
From: Anonymous  Read Replies (1) of 21876
 
Boring! Low volume. I think one could just put this stock on the back burner and come back in about a year. Maybe it might be at $7 then. My concern is that I'm only about 3 years from being 70 1/2 when I've got to start taking out of my 401K and IRA. Will the market have recovered a bit by then? I've watched all my stuff sink for the last two years and I think that whenever we reach the so called bottom that it will take twice as long to get back to about half way.

This market is probably going to move sideways for several years. Maybe as much as seven or eight years, and if this crap in the middle east continues for much longer then even that prognosis might be too optimistic.

I think this market is trying like heck to get down to those 9/11 lows once more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext