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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (33413)9/21/2000 9:59:15 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
TP,

I bailed @ 68 from a lower position...re-entered @ 41.5 and continued to buy at intervals. I see some of your concerns and expect much has been priced out at this point. Major missteps have been made getting them in this position. Changes are coming, more needs to be taken in key management positions, discounts in market/industry position are being exaggerated by disgruntled institutions IMO. Product cycles are swift and short in this field. That's why my faith in a turn around for LU, given the management changes come to hasten a new direction for LU, given their eminent position in the market it is just a matter of time. I am not expecting an immediate improvement but as the towels have been flying in I'm fairly confident true value player begin to reverse the distribution. These are certainly difficult times for shareholders. I've stepped up to the plate and trust in time the promise of change will begin to be realized.

JJ