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


To: Findit who wrote (21075)11/18/2002 4:20:09 PM
From: Jesica Dawnet  Read Replies (1) | Respond to of 21876
 
Neither. Watching now. Traded LU, and got out. Made my share. Stayed out when I got clear information about how bad the purchasing of new networking equipment is, and how bad wireless, voice, and related services are doing. The only area of positive news and supporting data is the wireless LAN and WAN, and VOIP. This would mean that RFMD, QCOM, and related stocks should do will, and if Nextel is doing well, then probably AWE too.
I no longer feel strong about the sufficient purchasing to occur in the markets LU is in, except the VOIP, and wireless LAN and WAN, and at this time, I do not know their share in those area, but the competition is getting tight in those areas as well. This will lead to price wars, and combining of equipment with greater density.
Like to point out that I sitll believe in the company, very long term; I hope sooner.