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 2.555+2.2%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ShamukE who wrote (1868)3/31/1998 2:54:00 PM
From: RetiredNow  Read Replies (2) of 21876
 
Shamuk, if LU increases revenues by say $8 billion this year, then they have grown 33% (on revenues of $24 billion). However, if Cisco increases revenues by $8 billion then they have grown by 100% (on revenues of $8 billion). Whose stock would you prefer to buy right now, if you are fairly sure that Cisco and LU will be battling over the same turf in the coming year or two? If I had to choose, I'd buy Cisco. But since I don't I'm not buying anymore of either until they come down a little bit by late April.

They are both overvalued right now. I know no one believes that because of the euphoria of the great runups we've had recently. However, why don't you just keep this post until the end of April. If I'm wrong, then flame me. If not I'll tell you I told you so.

Good luck, either way you go!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext