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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Cynic 2005 who wrote (3096)7/20/1998 4:24:00 PM
From: Joseph G.  Read Replies (4) of 86076
 
<<Lucent hit a new intraday high of 102 before settling slightly to 101-7/16, up 6-5/16. Shares of the telecommunications company have soared almost 174 percent since the end of 1997. [6 1/2 months]

.............

Lucent's acquisition prospects, as well as its solid fundamentals and bright long-term outlook, keeps pushing the stock price to new highs.

Alfred Goldman, a techical analyst with A.G. Edwards, said Lucent's stock ''is more beautiful than a Michelangelo painting. There's no near-term resistance. Momentum is up. There's no top.''>>

-nfg-
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