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


To: RetiredNow who wrote (1708)3/23/1998 8:32:00 PM
From: Mike Gu  Read Replies (1) | Respond to of 21876
 
It is hard to say. Although I do not know when the next earnings report will come out, I assume it is sometime in late April (can somebody check this out?). Barring a market correction, the stock should more or less stay where it is, and possibly go even higher in case of an excellent earnings report.



To: RetiredNow who wrote (1708)3/23/1998 9:17:00 PM
From: Phillip Bucchi  Respond to of 21876
 
Interesting!! You must have sold your stock to me. Just kidding; but I bought some more today. I don't think money will be made by trading this stock; rather just holding it. With this remark, One always assumes the market doesn't crater 20% and then all bets are off.

Compare it the CSCO. I'd rather own LU rather the CSCO. 4x CSCO's sales and twice the earnings assuming the stock split. In a LAN Times interview with the Chairman, he categorized LU as a start-up because it has been public for a little over a year.

Phil