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


To: XINLING DENG who wrote (17664)2/15/2001 6:35:54 PM
From: Knighty Tin  Respond to of 21876
 
XD, I could be wrong, but it looks to me like the potential rewards greatly outweigh the risks. However, I don't know how long your options are and whether or not LU can recover in that time frame. On straight stocks, I like to buy stuff that is cheap, diversify my risk among names, and then wait until it either proves to be a good idea or the fundamentals prove me wrong. With option plays, which I consider a different but related game, you have to not only be right, but right on time. I hope you are right on time with this one.