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Technology Stocks : Lucent Technologies (LU)

LU 2.415

+1.9%

Nov 21 3:59 PM EST

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To: Anonymous who wrote (7569)	4/25/1999 5:12:00 PM
From: Lee Ring	Read Replies (1) of 21876

I fear that you are right Anonymous. I sold ASND Thursday after nearly a two-year hold. Some of the most successful LT investors were the ones that were willing to leave the some profit on the table. I learned my lesson by marrying SHVA. I also learned my lesson on greed there. I am a big believer in LU/ASND long term and the future is theirs to lose, however I agree that there is unprecedented volatility in the market now and the hard reality of a 20%-40% downdraft is only a news story away. Remember that it was only six months ago that the NSDQ was flirting with 1200 and ASND again was in the low thirties. I will be back when these insane multiples come to earth. Remember the old saying, “ You can't go broke taking a profit” or is it the old Chinese curse, “May you live in interesting times.” I'll still be here on the sidelines rooting you guys on------------ for a while. Lee

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