Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.890

+2.5%

Nov 10 3:59 PM EST

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To: Lou S. who wrote (5662)	1/21/1999 8:27:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 21876

wragrep, I am not a believer in buy and hold. I would agree that if you bought LU 2 years ago at around $14 to $16 there is no danger to loose money. But all those who bought above $80 may loose money on LU over the next 3 to 5 years. You still have treasuries who return risk free 3.4% above inflation. That is your benchmark. Best example are disk drive manufacturers or chip manufacturers. You are rolling the dice on who will survive. Just see MOT, MU, WDC, TXN, LSI, COMS, HWP, and the list goes on. Even ASND chart is nothing to brag about depending were you bought ASND Will not respond to any other post due to time constrains Thank you. BWDIK Haim

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