Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.625

+2.9%

Dec 5 9:30 AM EST

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To: Sawtooth who wrote (4471)	10/5/1998 1:31:00 AM
From: Justin Franks	Read Replies (1) of 21876

Tim, the call I made 3 weeks ago is still the same. Mid to upper 50's. Maybe even to the high 40's. Down movement is not finished. The final leg down may come after a few more rallies though (this is not just LU, but a fair amount of other techs also) A fair amount of small caps along with some mid caps have already finished their last leg down and have found a bottom. Extra hype stocks, YHOO, INKT, AMZN... lord knows why people keep buying them. Too bad I can't short AMZN or INKT. But I sure as heck shorted YHOO @ 130. I'm gonna wait for it to tank to 60 again, yes, I said again.

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