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


To: William H Huebl who wrote (21568)3/18/2004 7:01:15 AM
From: AV8R  Read Replies (2) | Respond to of 21876
 
I think the sector has bottomed. LU is a $2+ billion company and should be making money (according to estimates) this year. I made a similar play on GLW under $4, didn't call the bottom perfectly bet made a ton of $$ by staying long and being patient. Only risk, in my opinion, at this price is bankruptcy - and I think that is a very low possibility at this point. If LU dips from here it will just be another opportunity to add shares.