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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21944)7/20/1998 7:36:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Bill, it seems to me that LU wants to ignore TA. Hey if they want to run it, they run it no matter the price.

Lucent was worth around $40 only 6-7 months ago now they priced it $102.

The float and size is not exactly YHOO or AMZN but at least the stock has a PE <gggg>.

Last time LU lost a 600 million contract in June the stock went down $1.5 and reversed on a dime. That was the signal of LU being "run".

As they say if they run they run just join the party. Like musical chairs, get out first.

BWDIK

Haim
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