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

To: Dolfan who wrote (18516)	8/1/2001 1:16:22 PM
From: John Chen	Read Replies (1) \| Respond to of 21876

Dolfan,OT:"dreaming". I had a bad dream regarding this sort of thing. About 8 years ago, I had a stock for $5 and then WSJ had this little article saying: 'S&P rating has doubt on this company as a going concern'. I sold the stock at $4. Within week, it bounced back to $5+... and the rest is history: I think the company went as high as $1000 (conservatively) and later got bought out in the telecom frenzy. Environment is different this time, the frenzy is gone, the 'growth' is less. I don't expect LU to be $1000+. $8 to $10 sounds reasonable in 6-12 months.