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

To: Diamond Jim who wrote (8405)	6/29/1999 7:02:00 PM
From: Skip_S	Respond to of 21876

Once Lucent breaks its old high of 67 1/4, it may head to the mid 70's level. Love this stuff. If you are looking for a 10 banger, consider TSIS. Interactive Telesis is a BB company with Lucent, AT&T, MCI & Frontier for clients. Revenues have grown from 1.1 million 12 months ago to over 3.5 million today. This company has virtually no debt and is profitable. A friend of mine who is a VP at a major brokerage has visited the company thinks TSIS may be a 10.00 to 20.00 stock in 3 to 4 years. I don't know if it will go that high but I do think 5.00 2 years from now is reasonable. pennystocks4u.com

To: Diamond Jim who wrote (8405)	6/29/1999 7:41:00 PM
From: Roger Zucchet	Respond to of 21876

I think much of the short interest was/is due to the ASND merger. Arbs were going long ASND while hedging by shorting LU. You'll see that by the next "NYSE Short Interest" report in the WSJ that much of the short position in LU has been covered. To put it another way, buying LU now with the hope of a rally due to shorts covering is stupid. I don't think those guys did much research beyond looking at the chart. Having said that, there are plenty of other much more sound reasons to buy LU. Was that large block buy near the close today for real?? -Rog