Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.515

-0.2%

11:03 AM EST

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To: X Y Zebra who wrote (4134)	9/15/1998 6:55:00 PM
From: larry	Read Replies (1) of 21876

But the big boys hate uncertainty. They will probably wait until the dust settles before they jump back on the bandwagon. LU is still overvalued as compared with those small caps who are already in a bear market. HOWEVER, LU is cheap compared with the super big blue chip high tech stocks, the likes of CSCO, DELL, MSFT, to name a few. And the funny thing is, LU surely belongs to the elite group. I really believe that long/intermediate term investors should think of accumulating the issue at current price. My 12-month and 3 year target price on LU are 120 and 200, unless LU makes some disastrous acquisition that tanks, or the whole market tanks. I am adding LU along side with my DELL long position. This is too good value to be passed in the long run. good luck, larry!

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