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Technology Stocks : Lucent Technologies (LU)
LU 2.670-0.4%Dec 22 3:59 PM EST

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To: MRE who started this subject6/25/2002 1:08:20 PM
From: David Hansen  Read Replies (1) of 21876
 
Lot's of pressure on LU today as the weight of all the many recent downgrades are felt. Priced again at bankrupcy levels. The only turning here will come with positive results. If you believe that there will be a strong bounce for this company, you're not alone... I do too. I just think it may be years away (1.5-2?) instead of months... If the economy stays in the pit, if the terror war continues, we may be at this level for a while. Good time for the little guy to acquire shares at these levels. Let's hope the volatility is lessened.
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