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


To: Bindusagar Reddy who wrote (10597)10/23/1999 3:13:00 PM
From: William Hunt  Read Replies (1) | Respond to of 21876
 
Bindusagar --I wish I had GE ---up over 20 % since since August . Hopefully you and me and the long term investors will get our answers on Tuesday morning . I feel we will meet earnings estimates but am more concern with the forward look and managing expectations and showing that the game plan is in place .
Have you heard of any new contracts this month ? Any feedback on the router project from Nexabits ? There sure a split opinion between the analysts on where LU is headed . I personally wish the best for all of us but I do not like selectable disclosure ---that is a real part of why I would like for the company to speak up about where we headed and let us make the decision on whether we want to be in LU on a more solid foundation of information

BEST WISHES
BILL



To: Bindusagar Reddy who wrote (10597)10/23/1999 3:17:00 PM
From: William Hunt  Respond to of 21876
 
Bindusagar ---By the way nothing in Barron's this week either negative or positive . I take that in more of a positive for the stock --have a great afternoon

BEST WISHES
BILL



To: Bindusagar Reddy who wrote (10597)10/23/1999 5:35:00 PM
From: Anonymous  Read Replies (1) | Respond to of 21876
 
Everything that CNBC tells you during the day is after the fact. They don't know anything unless they are told via rumour (the british stole the spelling from the french), or if you prefer rumor....or they get their daily dribble from computers programmed to tell them who are winners and losers, whose down from their 52 week highs or up to a new high, etc., etc., etc. Without computers to feed them the instant trends and so forth...what could they possible tell us.

Granted, for breaking news and such, it is probably faster to get it from them than it is to search it out on the internet at the moment...that is what they pay research assistants for on CNBC.

I will admit that they do have the bully pulpit and can emotionally influence a lot of people out in the hinterlands who stare and listen to what they have to say all day long.

I myself watch the ticker go by at various times during the day...if I want to see what LUCENT is doing I usually log on and check the intraday charts. My feeling is that the most important selling and buying takes place in the last hour of the trading day.

As for Mr. McGinn not saying anything...well that doesn't bother me that much...I don't expect him to be out there as a cheerleader all the time.

If one wants to read good news about LUCENT then go to their site on the internet where you can read all the press releases you can digest.

LUCENT right now is being moved by powers bigger than anyone on this thread could imagine....hedge funds are probably involved...something that CNBC never seems to be able to get any information on....until after the fact. I doubt very much if these big trading days involving this stock are contributed to that much by "little" investors...those with less than three or four thousand shares. Most "little" investors sit tight...and that is the way all the big investors want it...the "little" guys are the support base on which the "big" hedge their bets.

Anonymous