Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.555

+2.2%

3:59 PM EST

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To: LWolf who wrote (3234)	7/22/1998 5:36:00 PM
From: Terry Lyon	Read Replies (3) of 21876

Lucent announced loosing a record $230 million and everyone is buying. I think this stock is ready for a major correction. Lucent's market cap is around $130 billion, comparable to GNP for several countries, and they lost a record amount! I'm afraid the bubble is just about to burst on this one and then I might buy some more shares. For now I just hold a few shares in case "market mania" continues a little longer.

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