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Technology Stocks : Lucent Technologies (LU)
LU 2.690+0.9%1:07 PM EST

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To: J. P. who wrote (3335)7/28/1998 12:43:00 AM
From: ed  Read Replies (2) of 21876
 
It looks like that you are very bullish on LU, but either want to jump in or add more at lower price , i.e 80+. However, if lots people are bullish on LU and want to jump in or add more, I am afraid you 80+ is just a dream. Because whenever LU drop in the morning , more people will jump in, and push the stock price higher in the afternoon, which will put the stock higher and higher, because people just do not like
to miss the opportunity. In that way, your 80+ target will be more and more like a pipple dream. Today's low of $91 maybe the low of LU fo the next one year, and next time when you see this price again , LU will go through a split , either 2 for 1 or 3 for 1.If LU do not announce a split, it is most likely the split will be 3 for 1.
If you look at the Dow, 8900 is the bottom , the next stop will be 9400 to 9700 !!!
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