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Technology Stocks : Lucent Technologies (LU)
LU 2.640-2.9%Jan 9 9:30 AM EST

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To: Haim R. Branisteanu who wrote (7926)5/20/1999 8:43:00 AM
From: Mark Palmberg  Read Replies (1) of 21876
 
Being "long and confident" in this market is as close as one can get to complete lack of responsibility.

Funny, this runs contrary to every bit of advice I've ever heard about responsibly investing in the market. Buy and hold strong stocks, wait out the downturns (which as you rightly point out are inevitable).

The most irresponsible thing I could imagine any of us doing right now, with the information we have at hand, is to trade OUT of LU in the next five years. Unless, of course, you just CAN'T STAND profits....

Warren Buffett might have a couple things to say about your investment opinions.

Mark
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