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


To: Capitalist who wrote (1320)2/2/1998 7:24:00 PM
From: Boplicity  Read Replies (1) | Respond to of 21876
 
Serry re: Any possible explanations anyone?

Same new/old story rebocs reduced spending. Since most (Not our LU) telecom stocks have had there market cap reduced, investors are in wait and see mode. In other words, when a sectors has been damaged as much as the telecom sector has, it takes time to work itself out. Investors that haven't sold might want to sell on any improvement, investors that want to buy are waiting for the story to improve, and there is the hold'em crowd, so you get little to no movement.

Greg