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

To: Ted Downs who wrote (11758)	12/18/1999 4:38:00 PM
From: jack bittner	Read Replies (1) \| Respond to of 21876

hello Ted, do you think friday's lu trading tells anything other than an options manipulation. that is, does it show pent-up demand for lu that must come out as higher prices? and, if so, what about friday's action that would tell you that. i guess that's a lot to ask about one day's trading, and one which carries that extra load about options. j

To: Ted Downs who wrote (11758)	12/18/1999 11:57:00 PM
From: Dana Adams	Read Replies (1) \| Respond to of 21876

Ted - Have you noticed how lucky LU's PE ratio is constantly mistated across the board? Turn on CNBC and you will find the bitter and jealous talk about a pricey stock! Look up just about any paper and you will see LU's PE at 70+. What gives I ask? Why are all these clowns using FYE 1998 earnings to calculate today's PE? Lucent earned $1.10 per share for their fiscal year ended September 1998. They earned $1.51 for the year ended September 1999. Do the math and you will see that Lucent's current PE is a shade above 50 and not 70. Lucent, is for the investor with strong fortitude and perseverance. Fella's trying to time it for a few dollars savings are absolute idiots while shorts and bandits need their heads examined! Strong and long LU! Sincerely, Dana Adams