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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (566)1/14/2000 2:25:00 PM
From: Esway  Read Replies (1) | Respond to of 5499
 
Had traded it last Friday, bought some to trade again today. Good long term hold IMO if short term gets rough will just tuck it away.



To: JakeStraw who wrote (566)1/14/2000 2:27:00 PM
From: Esway  Read Replies (2) | Respond to of 5499
 
14:09 ET Lucent Technologies (LU) 53 1/4 -3: --Update-- Stock sliding again; CNBC reporting that stock is being hit by class action lawsuits announced today, but such lawsuits are no surprise after an earnings warning. Barron's/SEC rumors mentioned earlier on this page are the real factors behind the selling; not the lawsuits.

12:46 ET Lucent Technologies (LU) 55 1/8 -1 1/8: --Update-- Dow Jones is reporting that LU says it is not aware of any accounting probe; stock rebounding from an intraday low of 53 1/4.

11:33 ET Lucent Technologies (LU) 55 5/16 -15/16: Stock under pressure as two rumors make their way around trading desks; there is talk that Barron's will run a negative article this weekend and that the SEC is looking into accounting issues at LU. Traders view the latter rumor in particular with a great deal of skepticism.