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Technology Stocks : Lucent Technologies (LU)
LU 2.825-2.2%3:59 PM EST
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To: Mark Duper who wrote (4762)10/22/1998 11:24:00 AM
From: Paul Shread  Read Replies (1) of 21876
 
Hey, Mark, weren't you bearish a little while ago? I could have sworn I saw you on the bubble thread. ;-)

As far as LU goes, the market had become used to them blowing out their number by 10%+, so the tepid reaction is understandable, IMHO. Besides, the biggest quarter is this one -- their business is very year-end loaded, so I suspect we could be range-bound until January. Not that I'm complaining. I'm sitting on a 60%+ gain in this stock this year. That's not too shabby.

Paul
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