Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GVTucker who wrote (19193)	3/12/2002 9:12:21 AM
From: Sabrejet	Read Replies (1) \| Respond to of 21876

Without giving a dissertation on my degrees in Mathematics and Physics, I do know the difference as far as percentages are concerned. A fundamentalist trader, if there is such a thing, would not short this issue unless he/she knew that the issue was done. Just as a true long term investor never sells unless there is a fundamental change in either business or the market place in general. With that said, LU fundamentally is not a good short. I know very few, and I repeat very few traders that trade with concern to percentages, Traders "scalp" points, predict trading ranges and perform within those ranges. Percentages are secondary at best. LU at $6 is an awful short unless one feels the issue is fundamentally flawed. How one comes up with that from what the company is doing, saying and showing is beyond me. The only reason to short LU here is to believe that LU will not execute in it's restructuring and/or the market will fail in general. Those are always possible but the odds seem too low to go that route. Sabre!