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Technology Stocks : Lucent Technologies (LU)
LU 2.520-1.4%Nov 26 3:59 PM EST

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To: Mark Palmberg who wrote (5132)12/7/1998 6:13:00 PM
From: Haim R. Branisteanu  Read Replies (4) of 21876
 
Mark, sorry but you are living in a bubble valuation period. Maybe your age is making you to optimistic. (no pun intended)

Yes LU is a great company with many patents, but all they deliver is a connection between two points. Competition is fierce in this field and price/mbit is all that's matter.

To make an analogy - would you pay for a can of Coke $10 at a time Pepsi sells for $1?? I do not think so, except on rare occasions.

That's the story of LU stock, ignorant people are running it up. If you can run with them and get out before them it is all OK.

BWDIK
Haim
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