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


To: Old Stock Collector who wrote (10075)10/16/1999 11:17:00 AM
From: Rob L.  Respond to of 21876
 
Although this stock looks oversold, the overall sector is not yet oversold. This may indicate Lucent could lead a turnaround. Nevertheless, my stop limit was hit on Friday at 60 and I strongly feel the stock has downside risk to 50-55 and it will be in that range that I re-enter. Long-term this is one of the better stocks to be in, IMO.

Regards