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 2.415+1.9%Nov 21 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anonymous who wrote (21429)1/22/2004 10:43:57 AM
From: Anonymous  Read Replies (2) of 21876
 
Smith Barney just put a sell rating on old LUCY. She's falling like a rock again. I have finally learned how to make a little money on this stock. As a retired Lucent employee, I have her in my 401K and can move in and out without having to deal with commissions. And I can do it on a daily basis if I choose to. The only problem I have is that I have to settle on the daily closing price when I make my move, and the move must be made before 4:00 PM so I never know exactly what might happen as the market nears the bell.

I made a rule for myself and have stuck with it for a few trades in the last year or so. My rule is to get out the day before earnings are announced and it has been paying off.

I moved 75% of my holdings to a Stable Value Fund on Tuesday, catching Lucent at the closing price of $4.75. I purchased that 75% on 7/18/03 @ $1.69 so I did very well this time around, thanks to the recent interest in telecom stocks and the deal that Nortel picked up a few weeks back.

I'm slowly nibbling away at the losses I have endured in staying with this stock as a loyal former employee. I can remember buying on several dips back when it was tanking in 2000 and then again in 2001. I still have a lot of ground to retake.

At the moment the ticker on CNBC is showing Lucent @ $4.12, having been below $4.00 a half hour or so ago. Good hunting everyone......Anon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News