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


To: Howard Feinstein who wrote (10730)10/26/1999 10:57:00 PM
From: thebeach  Read Replies (1) | Respond to of 21876
 
Then why did NT not trade higher today? If LU earnings are any indication Nt should close 4-5 points higher tomorrow.



To: Howard Feinstein who wrote (10730)10/26/1999 11:14:00 PM
From: slacker711  Respond to of 21876
 

If the earnings were as good as they were why was the stock trading so poorly for weeks, months?? I got to believe somebody must have known the earnings were coming in good! I'm sure a lot of investors sold off and are pissed off now, at least for the moment! Making money on stocks involves more than the companies fundamentals! LU should have been trading much stronger for at least a week before the earnings!

If the earnings had been bad others would have been accusing the "market" of knowing the bad results before hand and that's why the stock dropped. Instead the company beat estimates and so the "market" must have known about the good results and shaken out the weak investors on purpose.

JMO....Worry about the fundamentals, the rest is just noise.

Slacker



To: Howard Feinstein who wrote (10730)10/27/1999 2:14:00 AM
From: Drake  Respond to of 21876
 
Howie, imo, just follow what Mr. Fun says and enjoy the ride (at your own risk, of course).

Wishing you well,

dc



To: Howard Feinstein who wrote (10730)10/27/1999 2:15:00 AM
From: Diamond Jim  Read Replies (2) | Respond to of 21876
 
Howie,

At 62 7/8 the old high is still way off. I expect this stock to make up quite a bit more of its lost ground.

It sure is a shame the way this stock got manipulated. I sure would like to see the SEC ask for QBD to an article like the type we've seen about LU. I held and didn't agonize too much but it was unnecessary evil IMO.

jim