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


To: Cooters who wrote (10239)10/18/1999 7:41:00 PM
From: Rob L.  Respond to of 21876
 
Argus is way too late and their opinion is meaningless. What purpose does their rating serve at this point. They should have earned their keep by making the recommendation when the stock was in the 70s. they are looking to talk it down to get back in.

On a technical note, stock is extremely oversold and bounced off a support level of 55 today. Technically, it really can't get too much worse than this (see chart below). I have my a limit buy order in at 57. JMHO

askresearch.com



To: Cooters who wrote (10239)10/19/1999 8:34:00 AM
From: wlheatmoon  Read Replies (1) | Respond to of 21876
 
Cooters,
yes, you are right....LU is in a quiet period,,,so refuting would be difficult.

CPI to the rescue...best of luck.

mike