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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: Drew who wrote (4581)	10/7/1998 5:03:00 PM
From: Jim Roof	Read Replies (2) of 21876

For those who believe in trendlines (and I am one to do so) LU touched its lower trendline that has developed over the last 100 weeks. This line has been hit three to four times if my memory serves me correctly. LU must be viewed on a semilog chart to get the proper relative perspective (SI's charts are semilog). If this sector will not be invested in heavily for a year or so then the smart money says buy over the course of the next year and have the fun of riding it when buying does pick up. As for me, I will sell LU some time in the year 2024. Or... I may hold. Jim

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