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Technology Stocks : Lucent Technologies (LU)
LU 2.825-2.2%Nov 11 3:59 PM EST

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To: Rainy_Day_Woman who wrote (5308)12/23/1998 5:30:00 PM
From: X Y Zebra  Read Replies (2) of 21876
 
Hi Sherry.....

you in LU too?

110 YES !!!!!


Long ago, in another time and another Galaxy.....

It is all here..... he, he, he....

_______________________________________

#reply-5468042

from the above:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Now...

A quick review of LU price performance: (adjusted for splits)

From April 1996, LU = 15.00

To August 1998 LU = 90.00 Return of only 500 % in its short 2.25 years... or a year over year growth of 222 % p.a.

For 1998:

Jan/98 LU = 40

July/98 all time HIGH (on a closing basis) = 102.125 or a 155 % gain

Yesterday's close = 89.9375 or 125 % gain for the year

Well I guess if one is looking for 222 % p.a. gain one should be disappointed, then again there are still 4.5 months to go in 1998, so if the past bears (ooooooooh, that word again !!) any impact (or bearing), it means that on an annualized basis we could expect that by December, LU price should be = 110.00 (or 176.5 %).... oh rats ! we won't make the past 222 % return, I better start looking for some Indonesian Gold Mines..... or a Mexican Bean Fields, (so may be I can look for Milagros Bean Field [Gas] Wars.....)
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