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

To: elmo north who wrote (1035)11/23/1997 11:20:00 AM
From: Joel Karlinsky  Respond to of 21876
 
It's all perception, not reality. This stock could just as well be trading in the mid nineties, or in the mid sixties, and you could find reasons either way. It has not done much in months now, why? Who knows. Lost its luster? Fundamentals? Its prospects for growth are certainly no less now than they were months ago. May be even better now, with the Octel deal. So don't worry. When it becomes a sexy stock to own again, the price will rise.



To: elmo north who wrote (1035)11/23/1997 7:44:00 PM
From: Ted Downs  Read Replies (2) | Respond to of 21876
 
<<They had an article in Bloomberg preview about someone saying it may have to spend some time in the mid 60's. Did anyone see that article. I believe it was in monday's evening preview.>>

Saw the article and it was quoting an anonymous money manager who was concerned about Asia problems and it's affect on LU. As far as I'm concerned it was worthless with nothing to back up the statement. The article was also worthless in my opinion.

Ted


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