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

To: Gary105 who wrote (9416)9/8/1999 9:01:00 PM
From: DAY TRADER  Respond to of 21876
 
I think now would be a good entry

seeing how the Stinger technology

did not increase the price of the stock.

We may be due for a run up shortly

and over the long term, if this new product

brings in revenues

DT



To: Gary105 who wrote (9416)9/8/1999 9:02:00 PM
From: DAY TRADER  Read Replies (1) | Respond to of 21876
 
The company today said it is comfortable with

earnings estimates.

DT



To: Gary105 who wrote (9416)9/9/1999 10:10:00 AM
From: The Phoenix  Read Replies (1) | Respond to of 21876
 
My guess is that this is a good place to take a position. I would keep some cash on the side to average down if the market goes into correction which many people are predicting for October (what is becoming an annual event). At 65 LU is 20% off it's highs while CSCO is trading at all time highs. If you don't have a position here this would be a good entry point.

OG


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