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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Killian who wrote (8176)6/18/1999 3:52:00 PM
From: Clay Takaya  Respond to of 21876
 
<<Not to get anyones hopes up but it looks like we're breaking through resistance! @ 62 5/16!>>

If true, there goes a great profitable trading range. My trading account is worried :-(, my long-term account is smiling :-).

IMHO, if this Nexabit rumor turns out to be true, we could really see some upward progress. One of the remaining valid criticisms of LU is that it doesn't have a packet IP strategy in place. With Nexabit, this goes away and although I don't truly understand the nuts and bolts of terabit routers, LU could be seen as leapfrogging CSCO (which I am also long, but not as).

Let the good times roll,

Clay