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 2.545-0.6%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: qdog who wrote (2084)4/7/1998 3:25:00 AM
From: Darwin Tu  Read Replies (1) of 21876
 
qdog, regarding CNBC's comment on LU overvaluation, I have my two cents. I think most analyst are trying to make a name for themselves and if the call is right regarding overvaluation, they become instant heroes. Personally, I don't think they add any value to our stock arena. If LU is overvalued, why are people still crazy about the stock. No one is sick enough to gamble 130 dollar of their money to buy a share of something that is worthless. The comment on LU being too expensive, then I think the internet stocks, the AOLs, the Yahoos and what not should be banned from the market. Some of these guys don't even generate revenues or break even at this time. At least LU is a billion dollar firm who has put most of its effort on R& D and are just beginning to exploit their expertise to the marketplace. This is a first class company that will bring much value added to our society just as what they did by inventing the transistor.

So CNBC should smell the flowers and begin to really appreciate good companies versus companies that trades up on hype..
I see LU growing steadily over the next five years but I certainly cannot say for the AOLs, Yahoos, internet stocks. You may see one winner (i.e. a microsoft) amongst the group. so why not LU?????
Let me know if I am wrong....It really upset me to see AOL or Yahoo (a search enginer company at best) goes up 5 points a day and I hear no ones says it is too expensive...... So, get these analyst off our backs!!!!!!!!!!!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News