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

To: Ralph Mahar who wrote (13745)	3/4/2000 7:57:00 AM
From: Monty Lenard	Respond to of 21876

Hi Steve, "analysts leap on the bandwagon" Aren't they really amazing creatures. <G> Here is something I think needs consideration by those thinking LU is all roses from here. Look at the chart on LU on 10/26/99. Many said that LU would never fill that gap and we know now they were wrong. Well LU has an $11 gap to fill now! In addition, many that were holding LU when it had it $20 down day are saying "Boy, if that turkey ever gets back up to the $73 range where I can get my money/profits back, I am outta here!" So, it has enormous upside resistence at $74 range. Based on this analysis I am very much short LU and I may be wrong for a while but it "WILL" fill that hole! BWDIK Monty