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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%Nov 21 9:30 AM EST

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To: Steve Warkentin who wrote (4378)9/30/1998 11:52:00 AM
From: Mark Palmberg  Read Replies (1) of 21876
 
"Lucent, the top seller of phone equipment in North America, said it's isn't seeing a slowdown and is taking market share for Northern Telecom, Alcatel and Motorola."

Well this seems to sum it up for me.......I'm holding.


I'll second that. Does anyone honestly believe that Lucent management would be so stupid as to fly in the face of all the negative sentiment in the sector if they weren't kicking some major bootie? If they miss this quarter's earnings without warning anyone, they will be crushed. But it won't happen. Come on, Lucent at $68 is the very definition of a no-brainer. Buy on the way down.

Meanwhile, AT&T has been inconspicuously climbing over the past couple weeks. Very interesting. Anyone else been keeping tabs on them?

Holding LU,

Mark
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