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Technology Stocks : Lucent Technologies (LU)
LU 2.675-1.3%3:59 PM EST

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To: ratan lal who wrote (3366)7/29/1998 2:22:00 PM
From: Mark Palmberg  Read Replies (3) of 21876
 
Why does Lu keep going down even with all this good news around ?

CONSOLIDATION.

The stock was at 108 recently, you know. Even Michael Johnson needs to take a break now and then....

What can I say? Anyone who's been in LU for the last six months can tell you first hand that this stock won't disappoint. Just sit back and relax. The USWest news is just another piece of evidence to support my (and that of many other people) contention that Lucent is going to be a superstar for at least the next ten years. You know what's going to happen when Asia gets back on its feet? Whoa Nellie. And who do you think is going to supply equipment for the T BritishTel international effort?

But, trade if you must.

Mark
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