Lucent Technologies (LU) Message Board

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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: X Y Zebra who wrote (4614)	10/8/1998 11:41:00 PM
From: D. Newberry	Read Replies (2) of 21876

x y, <<One good thing for Lucent that could be a big positive, is the possibility that the Yen may be starting an up trend vs the Dollar.>> I enjoyed your thoughtful post, and I agree that a weaker dollar will help companies like Lucent sell overseas. However, will that be a good deal for us investors? As you mentioned, a weaker dollar (which by the way is magnified as Greenspan continues to lower interest rates) will also create an outflow of funds from the U.S., which will likely put pressure on the stock market, including Lucent stock. So while Lucent profits from a more competitive position overseas, there is less $$ here to bid up Lucent stock. As I understand it, a falling dollar was part of the equation that contributed to the '29 and '87 crashes as well. Other factors, such as rising interest rates, are thankfully absent this time around. Any thoughts? Long on Lucent and holding. Darrell

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