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

To: Mighty Mizzou who wrote (14108)	3/22/2000 7:15:00 PM
From: Anonymous	Read Replies (2) \| Respond to of 21876

How long to double to 125 1/2? Hmm! The last time we doubled from around 30 to 62 was the period from the beginning of October of 1998 when the stock was around $30 till sometime in June of 1999 when it hit $62. That took roughly 9 months while the market was alive and not centered on high tech, bio-tech, etc. The Nasdaq was hardly moving then. If you look at a long time chart bigcharts.com you'll see that we really haven't gone anywhere since July of 1999...we've been in a big swingin' trading range for the last 8 months...trying to live down rumors, bad publicity, missed quarter earnings, etc. Predicting when we'll hit 125 1/2 is a stretch at the moment. If LUCY comes out of this "quiet" period with some more bad news it will be a long way into the future before we see 125 1/2. LUCY was the darling during the period from January 1, 1998 until the middle of July of that year and then "stuff" started to hit the fan, the one that comes to mind was the Street.com guy and columnists starting to question the way LUCY was keeping her books. Rumors or statements out of the mouths of those who are more powerful than anybody on this thread have a way of knocking the crap out of LUCY. I lost enough today to buy a nice car. Oh! How I wish I would have gotten out last Friday when I was thinking about it, cause most of the shares of LU I hold are in my 401K. I had been out for months, got back in, caught the rising tide with the announcement of the creation of the "new" company and then have been standing l““king at the sell off ever since. It is my loyalty as a former AT&T Microelectronics retired employee (now considered a LUCENT retiree because my division was spun off as a LUCENT entity). To be honest, I was just starting to feel comfortable about the company...I thought that it would get into a trading range somewhere between $66 or the low side and maybe $71 on the high side...maybe stay in that range for a couple of months with just a slight trend upward. I never expected this..yesterday I started to get that queezy feeling and when I watched what was happening by noon today I started thinking that maybe someone in the know knows a hell of a lot more than I do. Just goes to show ya that one shouldn't get too attached to a particular stock...it has cost me again.