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

To: Techhelp who wrote (16401)	9/27/2000 9:24:13 PM
From: Captain Jack	Respond to of 21876

Techhelp -- I HOPE my guess is correct also. Many investors I know, a few brokers, a fund mgr, and an analyst have all indicated to me a short list. LU is on every one of those lists. I have developed a plan that works for me most of the time. A stop is put in 20% below my entry. Usually I let it go as indications are either I'm in early or just plain wrong. As the issue rises so does my stop. The stop can always be pulled if desired. If need be the issue can always be repurchased in a month with no adverse tax consequences or immediately if the loss is acceptable. Makes one keep track of prices and also saves butt unless something stupid happens and it gaps down below a stop which most of the time indicates an issue should be sold. That was just reinforced to me on novl as often bad news is followed by nore bad news.