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


To: Techplayer who wrote (9470)9/9/1999 3:34:00 PM
From: Mark Palmberg  Read Replies (1) | Respond to of 21876
 
The guy was long COMS, Brian. What's he gonna say? ;)

You should see that Yahoo! board. Jesus, what a bunch of idiots. Most of them are convinced that CSCO is taking over the world. I don't think there's a single person there who believes that to be long a stock means to hold it more than 12 months.

What's this world coming to?

I wouldn't sell LU on a dare. No way. Not me, brother. I've said it before, and I'll say it again: The only way LU is going to fail is if the entire economy collapses (knock on wood). Do I care whether LU's market cap is bigger than CSCO's? Nope. Lucent Technologies is just one of the most solid long-term plays around, period.

But here I am preaching to the choir....

Mark

PS Lookit this bounce off $63:

http://finance.yahoo.com/q?s=LU&d=1d