Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.545

-0.6%

3:59 PM EST

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To: joe_investor who wrote (1734)	3/24/1998 10:58:00 PM
From: RetiredNow	Read Replies (2) of 21876

More than anything, I just feel the stock has gone up too far too fast. Also, the networking stocks have historically dipped in the month of April, only to rebound in the summer. So if Lucent starts behaving like a true networker, then we'll see the stock dip in April. That's when I'll buy back in. Don't get me wrong, though. I still own a lot of shares in Lucent. My favorite two stocks right now are Cisco and Lucent, both of which I've owned for quite awhile. I just took some money off the table with Lucent. I fully intend to buy more LU when it dips. I really wish Lucent had not become the momentum play that it is now, because we have had good steady growth all year long until the last month when it took off like a rocket. At these levels it has become much riskier.

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