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


To: Ronald Allen who wrote (8647)7/16/1999 3:55:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 21876
 
Ronald,

As a long term holder I'm loving this move by LU, but you can bet that there will be a sell on the news on Tuesday. Hold your position. I would.... ;) I was holding some trading shares on LU and let them go earlier in the week. Missed some of the run-up but...you can't always hit it right on everytime.

OG



To: Ronald Allen who wrote (8647)7/16/1999 4:43:00 PM
From: Dana Adams  Read Replies (1) | Respond to of 21876
 
What happened at the close? 1,000 share block dropped the last price to below the bid and ask. This is unusual and deserves an explanation!

Long term, LU will continue to grow their earnings, and capture even greater market share. Their stock price will continue to move up in spurts while the shorts are left out to dry. Will LU dip back down to 70? It could but the possibility of LU at 70 or below by the end of the year is remote indeed.

Respectfully,

Dana Adams