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Technology Stocks : Lucent Technologies (LU)
LU 2.500+3.5%3:59 PM EST

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To: HiSpeed who wrote (4559)10/6/1998 9:14:00 AM
From: Mark Palmberg  Read Replies (3) of 21876
 
Why not let LU bottom then load up on the bounce?

Sure, great idea if you can call the bottom. What's the difference between loading up on the way down and loading up on the bounce if you're getting it at the same price? Reasoning goes that it's easier to guess at what might be close to the bottom than to pick the actual bottom. Hell, either way I'm a buyer at these prices. Six months from now it's not going matter one way or the other, as I'll still be in the money.

LU is not a stock to be trifled with. As far as I can tell, SI is chock full of people who've already forgotten last October. I feel like a fox in the henhouse.

Mark
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