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

To: EL KABONG!!! who wrote (17540)	1/22/2001 11:26:13 AM
From: Engineer	Read Replies (1) \| Respond to of 21876

Many believe that LU was oversold. If so, when it begins to move up, some are buying, afraid that they won't see such low prices again. If the buyers outnumber those trying to take advantage of the upturn and get out, then the price continues to rise. Wall Street has recognized that Lucent had big problems and that management had no handle on it. If the Wednesday announcement confirms the big problems, but begins the belief that management is getting a handle, then that is good news. If it indicates that the problem is smaller than previously thought, but confirms that management still has no handle, then that is bad news.