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


To: Anonymous who wrote (14317)4/11/2000 6:59:00 PM
From: BigJC  Respond to of 21876
 
Are we there? I hope so <g>

I see LU as a trading vehicle only - a lousy "investment".

I am long right here via calls - added more JULY OTM today.



To: Anonymous who wrote (14317)4/12/2000 6:13:00 AM
From: Monty Lenard  Read Replies (3) | Respond to of 21876
 
It is on some support now but if it breaks below here the next support is about 53 7/8.

I warned the thread back on 3/3/00 that this was coming but I received the usual responses when one posts something THE THREAD does not WANT to hear.

Message 13046270

Monty



To: Anonymous who wrote (14317)4/12/2000 2:48:00 PM
From: Anonymous  Respond to of 21876
 
Thomson I-Watch indicates that the institutions are hardly in the action with LUCY ... the non-Iwatchers are the most active with selling and buying going on all day. I looked at JDSU because that stock had slid early in the day and there was some heavy buying on that stock early in the day and then things stopped...there were no sell arrows (down) on JDSU when last I looked but there were plenty on LUCY. People are buying in and people are getting out.

I'm hoping that it is this declining market that is pulling LUCY down and when things start improving maybe she'll get some sympathetic responses. Do you believe that?

Will she continue down until next Thursday (4/20) when they announce .. and then what will happen? Will McGinn irritate things? How will the market look on something it already knows is going to happen? Anybody want to put in their two cents worth?

Do you think there is anything in the report for next week that will be looked upon as something favorable? Mr. Fun...that is a good question for you to speak to since you do some sensible analysis of the company. When do you think this slide is going to stop? Once that guy from Texas posted that false message about LUCY going to pre-announce more bad earnings, I believe that was back on March 22 when the stock dropped 4 1/4 that day, that destroyed any kind of support and from that point on it has been an almost everyday event that this stock closed lower.

Should I, who bought back in at around 58 1/2 just sit still for the time being and wait for the correction to the upside or should I go elsewhere for some gains while taking my lumps?

Thanks for the comments....anon