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

To: Ronald Allen who wrote (8635)	7/16/1999 10:57:00 AM
From: Mark Palmberg	Read Replies (2) \| Respond to of 21876

A good case could be made for LU selling for 50 or less rather than 77.... Just wait until it hits $100 again. I wonder how many times I've read a comment like this on the LU thread over the past two years. I think the last person who made that case and acted on it is still licking his wounds. Take a look around the market. Consider Lucent's products. Consider Lucent's competition. Consider the world marketplace. Consider Lucent's past performance (which is very suggestive, but of course is not an indicator of future success). Really, I'd be surprised if you could find more than a handful of stocks right now that are better poised to deliver solid, reliable growth over the next five to 10 years. If you just HAVE to be in the market, you might as well be in LU; if it's good enough for Fidelity, it's good enough for me. BWDHK? Mark

To: Ronald Allen who wrote (8635)	7/16/1999 11:51:00 AM
From: manito888	Read Replies (1) \| Respond to of 21876

By June 8, 1999, there were 105.4 million shares shorted. Given the news that Fidelity added LU to their top ten list, these shorts will rush to cover. Recent moving of LU may be due to these short covering. Thanks.