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


To: Finder who wrote (8794)7/23/1999 12:18:00 PM
From: Chip Roos  Respond to of 21876
 
Finder:
I bought Lucent yesterday for 67 15/16 having never owned it before.
I have to believe that patience will pay off here so I wouldn't be too concerned about today's trading. Lucent tends to feel the effect of the internet chaos but in my book, it's a well positioned, well managed bluechip stock to buy and hold.
I did this with Wal-Mart which I bought in 1995 at $23.00. It sat for 18 months and then started a steady climb up to 100 and then split. Lucent is alot like Wal-Mart (I hope).
So guys, please educate me on this stock....

Best regards,

Chip