Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.550

+2.4%

3:59 PM EST

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To: RetiredNow who wrote (2021)	4/3/1998 6:23:00 PM
From: LWolf	Read Replies (1) of 21876

mindmeld - >>I'll extend that prediction to the end of April. At that time, both Cisco and Lucent will be trading around $60 per share.<< WHY do you think this? Because it's April? Because there will be a negative surprise? Because the market needs a breather.... (consolidation). Because the overall market will tumble? The stocks will probably continue up till earnings. You may see some profit taking shortly after, then the stocks will probably hold in a tight trading range somewhere around 75+. Folks may be interested in something else for awhile, but they'll keep coming back into strong stocks with good earnings and growth. Laura

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