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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (18753)1/15/2000 11:06:00 AM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
Rande Is: Accounting issues aside, Lucent's performance in 1999 was less than spectacular. Its YTD return for 1999 was 30% in a year when the NASDAQ was up over 80%. My point remains the same: Lucent is not a stock growth investors and institutional managers are accumulating, even prior to their earnings miss and the SEC rumors. James(?) Dorsey, of Dorsey Wright Associates (known for their P&F charts) made a great point when he appeared on CNBC this past Friday. The ONLY thing that matters with regard to a stock's performance is whether investors want to buy it. Institutional investors are not tripping over themselves to buy Lucent, even at these levels. One's money will be treated better elsewhere in 2000.



To: Rande Is who wrote (18753)1/15/2000 11:29:00 AM
From: DonnaS  Respond to of 57584
 
Rande:

Was with a fellow over Christmas that works for LU. He writes some text books and does training of their engineers all over the world. He says LU is tooling up and regrouping for this tech world that we can't even imagine. He says the stock will be rocky for first 6 months of this year. DonnaS


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