Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.670

-0.4%

3:59 PM EST

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To: wiley murray who wrote (2792)	6/9/1998 6:55:00 PM
From: Caroline	Read Replies (1) of 21876

I have different volume. And it's the open interest after the vol's said and done that matters. The real issue is that the June 80 is a sucker bet. Would you bet a quarter that LU will be $80 by next Friday? So LU really has to be $81-82 by next Friday for the June 80 buyer to see a profit. Give your broker $25 in premium plus $12-100 in commissions for the right to buy LU at 80. I'd be on the selling side of that bet, and I'm very bullish on LU. Regards

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