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Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 9:30 AM EST

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To: Rainy_Day_Woman who wrote (6023)2/4/1999 11:11:00 AM
From: Haim R. Branisteanu  Read Replies (3) of 21876
 
Several days ago I posted on this board that LU will retrace to the $106 area and those sold on the company should sell covered in the money calls.

Well I covered (buy to close)today my LUBB and LUBC wich I sold to open at $6 and $4.5 respectively, and will watch how things develop.

Also bought to close my ASND shorts yesterday at 83 5/8,from 88, OH well to early :(.

Is LU overvalued well the price action tells a million.

Again I do not see any of the bulls buying into LU. I assume every one will buy at substantial higher prices <GG>

BWDIK
Haim
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