Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.550

+2.4%

Dec 1 3:59 PM EST

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To: Bill Monahan who wrote (3113)	7/20/1998 1:44:00 PM
From: Rob L.	Read Replies (1) of 21876

I hope this rally can be sustained. A gap was created this morning and LU has a tendency to fill those gaps. I fully expect to a buy on the rumor and sell on the fact scenario with respect to earnings. Great earnings have now been built in the stock price. As for Ascend, they have trouble making money on their own. It is a dog and I hope LU stays away from it. Let coms or CSCO have it, IMO. Major cost cutting of ASND would be needed.

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