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Technology Stocks : Lucent Technologies (LU)
LU 2.490-1.2%Nov 28 12:59 PM EST

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To: Falcon who wrote (1915)4/1/1998 7:46:00 PM
From: Jacques Tootight  Read Replies (2) of 21876
 
Dennis,
You gotta be kidding me! The WORST split play I ever made was DELL.
This stock did NOT run after the split and I can show you a $3000
loss to prove it. There were not enough new buyers to offset all the
bad news that kept coming from outside influences day after day after
day after day. If you were holding the Mar calls as I unfortunately
was you got hammered. It took Dell two weeks to start coming back
and its not back to pre-split $140 yet.

Fortunately, I made it back on LU and PFE.

To all out there that think playing splits is foolproof I can
guarantee you it isn't. Be very careful.

rc
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