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


To: sunfish who wrote (11812)12/22/1999 2:17:00 AM
From: Dana Adams  Read Replies (1) | Respond to of 21876
 
Ahh the ole bad report syndrome is upon us.......JP who? Those bastards don't know what the hell is going on in the telecom world, asides from buying Cisco at any price. What BS I say!! JP Morgan missed the ride in LU from the git go and will try anything to make the stock go down. I hate it when so called pro's give phony guidance!!

Lucent will deliver as always and the only losers will be the weak hands that give away their shares at 80 or less. I have done a lot of research on Lucent and we definitely belong at 100+ today. JP Morgan wants to get some of their greedy fat cats in at lower levels but trust me those SOB's won't get it. The public is on to them. Lucent will roar forward and blow right by their previous 84 high.

It is unfortunate how the jealous few can try and manipulate prices; in the end they will burn with bitter rage! Hang on to your hat's young'uns, lucky LU is about ready to break out big time.

Sincerely,

Dana Adams



To: sunfish who wrote (11812)12/22/1999 9:43:00 AM
From: Joe S Pack  Read Replies (1) | Respond to of 21876
 

JP Morgan has almost $1.9 B invested in Lucent. It's hard to see how they benefit from a negative report.
Unless they plan on buying more.

Probably correct IMHO. A couple of big clients who want to get into Lucent because it has been lagging NT & CSCO
as of late. Buying and selling based on brokerage up/down grades is surest way to lose money in this "fish in a barrel"
market! Don't give JP a second thought even if we get a blip here.


I think there is one more thing going on here.
They are selling CSCO and NT to enter LU. So they want the average Joe's to hold them there while they sell CSCO & NT and get LU at a lower price. You have to do opposite of what these guys say unless it is confirmed by company or earnings.

-Nat