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

To: posthumousone who wrote (20558)	7/21/2002 11:20:05 PM
From: stock bull	Respond to of 21876

My two to three year targets are for Lu to start seeing revenue growth, and the stock to trade in the 15 to 20 dollar range. However, I won't be surprised to see it trade in the 13 to 17 range. This will depend on eps and the multiple that the Street will give the stock. I only worked for the Telco industry for 1 year when I graduated school. Didn't like it, so I went into the Computer Sector. However, this was many, many years ago. In fact, the only telco company we had was AT&T and the Operating Companies. Getting into Lu at the current price is going to pay off. Lu will survive this bear. In the event they are bought out, those that get in now will still make a nice profit. In any event, time will tell how this all plays out. Stock Bull