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


To: Resry who wrote (12409)1/7/2000 8:21:00 PM
From: Dana Adams  Read Replies (5) | Respond to of 21876
 
<McGinn sounded very unimpressive to me on CNBC this morning.> So tell me pal, who are you?

Lucky LU was downright unlucky yesterday and the timing of McGinn's announcement was terrible to say the least. So now what? Do we cry and sulk over our lost profits? Do we let these idiot bears (Cramer included) take credit for something they knew nothing about? I say hell no!

Lucent will be given another chance to come through and I believe they will! This may or may not be the buying opportunity of a lifetime but may I ask one question?

What on earth would you buy now if you sold Lucent at these bargain prices......... Cisco? Nortel? Ciena? Tellabs?

It looks like LU held on today but another few days of trading is required to confirm this atrocious bottom. I will be looking to add to my already vast holdings in LU early next week.

Observe how these market guru's have one year targets of 50 on our dearly beloved. That is a telltale sign that they are buying at these levels. Knowing that the game is not fair should work in our favor, hence, we should learn to play it!

Hang on to your hats fella's this game is not over by a long shot.

Long until proven wrong!

Respectfully,

Dana Adams