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

To: Suma who wrote (17625)	2/13/2001 6:51:12 PM
From: Bosco	Read Replies (2) \| Respond to of 21876

Hi SUMA -maybe you want to wait to see if 12 support will hold. I took a quick 12 hrs 25% haircut when the stk dropped from 70s to 50s last year. Several times, I was tempted to get back in. I am glad I didn't. I ve lost my shirt in other stks and I am a holder of NT, but for the stks I used to have, only those stks with accounting problems look worse than LU. Not a good testamonial! Personally, I can be tempted to exercise my old catch the falling knife habit if it goes to single digit. The scary thing is that it is not out of the realm of possibilities. People are expecting there is another shoe to drop. One possible scenario is LU to drop dividend payout. Actually, it may be a long term positive factor. Not a whole lot. 272MM per annum. Still, cash LU can use elsewhere these days. However, I suspect it wil be a negative reaction if and when that happens. Just a conjecture, but the CFO should contemplate such a move for the good of LT survival of the company. best, Bosco