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

To: Ray Yu who wrote (15472)7/21/2000 2:18:02 AM
From: American Spirit  Read Replies (2) | Respond to of 21876
 
I wouldn't have sold LU if I were you. I bought today and I'll tell you why, because no one can take away the fact that's it's the #1 telco equipment co in the world, and has the potential for 50% growth when it gets back on track. Undergoing some kind of 1 year slowdown now but I believe LU wioll be back stronger than ever. Over $100 probably within 12 months. I will continue to buy more if it drops from here. Got a small amount at 53 today. A real bargain to my mind. 49 would be even better and I'm hoping for some. I might triple up there.



To: Ray Yu who wrote (15472)7/21/2000 7:59:34 AM
From: Techplayer  Respond to of 21876
 
Ray, there are others more familiar with NOK's internal operations than I am. It was just pointed out to me that ERICY is announcing weakness in the phone sector. That could hurt NOK, but I am just not sure. I know that the data people in MA are working 20 hour weeks, which I find strange. If the 3G wireless efforts accelerate, it would seem to be a good stock to own, but as I said, I am not sure at present valuations. best of luck, tp


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