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Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 9:30 AM EST

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To: AV8R who wrote (21681)1/13/2005 11:45:33 AM
From: HEXonX  Read Replies (1) of 21876
 
>And remember, sometimes it is not the velocity of the move >that matters, it's the destination. You know where I think >this one is heading.

First time post here on LU. Back in November I received a warning that Agere was going to sell all of the Lucent stock plan in my 401K starting December 1st and they warned that the stock will go down saying that was normal. Needless to say but I sold all my shares in November. We all know this is going nowhere fast and because of this it is dead money. I also sold all my ESPP Lucent shares. I did keep my Agere hoping that they would go up a few cents which they did.

I lost so much on Lucent, the 50 cents is nothing compared to what happened to all of the 401K and ESPP shares. The options were also worthless except for the ones Russo gets.
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