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

To: hitesh puri who wrote (9964)10/12/1999 2:33:00 PM
From: Techplayer  Read Replies (1) | Respond to of 21876
 
hitesh, What is going to build momentum? there is usually a run up to earnings. It appears that this quarter will be a walk into earnings until the analysts can take a good hard look at the accounting for the quarter. I hope that the present levels don't turn out to be the highs for the near term. Any missed expectations on cash flow or DSO's, coupled with a restatement that the next quarter will be below previous expectations due to smoothing could send us tumbling.

Brian



To: hitesh puri who wrote (9964)10/12/1999 8:31:00 PM
From: Anonymous  Read Replies (1) | Respond to of 21876
 
"Reminds me of the ride NT and CSCO took a while ago. The Big Boys were avoiding them till there was momentum built up."

I'm of the thinking that it is The Big Boys who do provide the momentum....doesn't big money have to provide the initial impetus to this stock?

Anonymous


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