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


To: Diamond Jim who wrote (13015)1/26/2000 8:17:00 AM
From: Techplayer  Respond to of 21876
 
Diamond Jim, Thanks. Brian



To: Diamond Jim who wrote (13015)1/26/2000 1:14:00 PM
From: Lone Star  Respond to of 21876
 
Furthermore, the Burke clones have missed 6-8 years of the bull market, yet claim always after the fact to be making money on shorts and puts. yeah, they fight the tape all the way to the bank. Not.



To: Diamond Jim who wrote (13015)1/26/2000 6:28:00 PM
From: yard_man  Respond to of 21876
 
I am not a clone -- and I bought LU Jan 65 puts for 5/8 in the latter part of Dec when LU was in the 80's.

Boy that really hurt ... heh heh heh ...

I was in LU puts in Oct 98 as well when LU tanked -- it had a second leg down that time around -- it showed weakness before the market broke then. I took a triple on one set of puts -- then the 2nd leg down when the market broke and I took another triple ...

This time I got 15x ...

U could say I got lucky both times. that's fine -- luck was certainly part of it -- but I'd be careful buying LU at these levels -- probably somewhat low risk in the low 40's -- buy some if you want, but don't buy all you are going to buy -- better than a 50/50 chance you will have an oppty to buy at lower levels. FWIW.