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Technology Stocks : Lucent Technologies (LU)
LU 2.715-0.4%Jan 8 3:59 PM EST

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To: Tweaker who wrote (3987)9/8/1998 10:59:00 AM
From: Boplicity   of 21876
 
RESEARCH ALERT - BT Alex. Brown ups Lucent

NEW YORK, Sept 8 (Reuters) - BT Alex. Brown said Tuesday it has raised Lucent Technologies Inc. to a buy from market perform.

Also, LU is bouncing of it's 50day line when looking at a 3 day chart and a trend line that started in 1996, plus stochastics indicators are showing possible trend reversal in the making. Add in the prospect of a rate reduction by the fed, I can safely say that if LU can hold here or go higher, the down trend has been halted . If todays action is any indicator, LU has changed direction. Lets hope todays gain can be built on.

Greg
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