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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (47232)	2/12/2001 1:24:04 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

LU - quite old news. This SEC thing was one of the reasons it dropped from 70 to the teens in the first place, and the collateral damage of not being to extend credit to buyers as well. Also this is hardly a LU-unique problem. They are just one of the top lender-suppliers. Their VZ deal is humongous as VZ is the most expansion minded telco there is now and has estimated expenditures will increase by 6% this year as everyone else seems to be down-sizing. When VZ picks LU that's a big-big vote on confidence for their product quality. The former Bell Labs has enormous technical assets and is highly oversold down here. Also when it was at $20 a few weeks ago you were plugging it, and didn't you already know about the SEC old news?