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

To: Gottfried who wrote (15885)	9/3/2000 6:32:28 AM
From: Anonymous	Read Replies (1) \| Respond to of 21876

Looking at a chart of IBM from 1991 on, which is adjusted for splits, things sure were ugly from 1991 till after 1996 as this indicates ... siliconinvestor.com ... I sure hope LUCENT doesn't create a chart that lôôks like that...but for those who purchased IBM back on August 16, 1993 @ 10 1/4 (split adjusted) and have held on, they've made a bundle!...ANON

To: Gottfried who wrote (15885)	9/3/2000 3:36:21 PM
From: Ian@SI	Respond to of 21876

G., One must remember that Barron's gets a kick out of writing bearish articles. They have no favourites. They'll kick CSCO when it's flying or even LU after it's already down. The financing is nothing new. Even in the Semi Equipment sector many vendors arrange or provide "Lease to own" financing. Both LU and the Network Equipment sector have negligible financing relative to sales. And I would suspect that all loans are backed by the equipment itself. i.e. - Title may well still be with the OEM. Even in the event of a default, it's unlikely to have a material affect on any of the equipment companies. But Barron's gets a good chuckle if they're able to knock a couple bucks off a stock's price. each to their own. Ian.