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

To: George the Greek who wrote (13903)	3/10/2000 6:18:00 PM
From: Martin Goldenberg	Read Replies (1) \| Respond to of 21876

I thought I would catch up on some LU postings. Wow, there appears to be a lot of bearish postings in the last couple of days. LU should bounce back in the next couple of quarters. It will take time for them to re-group from their short sightedness and loss of market share in the optical business. But they will definitely bounce back. This is a big company and it will take time to reverse the downward pressure on the stock price. Keeping all this in perspective, LU messed up and they aint going to improve things overnight. At this point I am just happy that it made it back to the sixty dollar range. It could have been a lot worse. Given that if the market continues to be bullish, I see no reason why LU can not get to the $100 area in say, a 6 to 9 month time frame. If sooner then all the better. All they've got to do is to show increased revenue....easier said than done I suppose. I intend to keep this all in perspective and wait it out. Gotta stay long on this one. Martin