Lucent Technologies (LU) Message Board

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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: Haim R. Branisteanu who wrote (7916)	5/19/1999 9:25:00 PM
From: Mark Palmberg	Read Replies (1) of 21876

I think LU is getting dumped by funds. If this is true -- and for all I know, it could be -- it's almost certainly a temporary state of affairs. I've heard a number of fund managers from large, respected houses touting LU as a long term core holding. And why not? Despite all the silly little doomsayers that pop up here now and again, I've yet to see anyone posit a convincing argument for NOT buying Lucent. Now, I could see a fund manager getting out of LU for a couple months while the stock builds up steam for another (inevitable) run to $120, but why bother? Let it riiiiiiide. Mark

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