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Technology Stocks : Lucent Technologies (LU)
LU 2.615+1.4%3:59 PM EST
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To: Luigi Gandolfo who wrote (3017)7/13/1998 9:45:00 AM
From: Sawtooth  Read Replies (2) of 21876
 
My take: Even if LU corrects 30% (to grab a number out of the air) which would take it down to $60, many investors will still have significant gains after that pullback. I suspect many investors in LU would still be ahead with even a 50% plunge.

From another aspect, LU's future is almost purely ahead of it; the same cannot be said about most companies. So, unless one is trying to time a pullback and subsequent repurchase, the most probable profitable move is to stay in the stock unless there is a change in the fundamentals of that particular stock. JMO. Good luck!
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