Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.675

-1.3%

3:59 PM EST

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To: Ibexx who wrote (3367)	7/29/1998 2:58:00 PM
From: ratan lal	Read Replies (2) of 21876

Ibexx People that by\uy at the high (like me) finally get off their butss and decide that Lu is in fact a good co. and should be bought. Then their fears come true as they see the price plunge and decide that they were in fact right in thinking that Lu was over valued at 105+. TO make matters worse Lu keeps breaking down all supports and goes down a couple of points every day. No big deal if you bought it at a low price for long term but very scary if you bought it at a high price (even for long term) as you lose $15 per share. Just my thoughts. I am convinced that LU will be at 200 by yearned (assuming the acquisitions do not dilute it a lot and if they do the price will still go up but may take longer). I am in it for the long term just dont like getting scared out of $15 per share in 5 days.

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