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


To: Fli-by who wrote (1716)3/24/1998 3:11:00 PM
From: freeus  Respond to of 21876
 
Fli-by

I'll bet your wife loves your decision to buy more LU. And remember, at an investment seminar I went, to the speaker said. "Do people say you are buying xxxxx company too high?" (I think it was Dell he was talking about at the time and it was lots lower than now but lots higher than it had been!).
He said to remember how each fine company got to the price it is now.....by making a new high and then another new high and then another........ just like Lucent is doing. And although there are always pullbacks to give those of you with more cash a buying opportunity...there are always periods when there are no dips to speak of, especially if you cannot be glued to your computer to watch prices.
Enjoy the ride!
Lucent will be fine, is it up too high? We'll laugh at that next summer.
Best wishes and happy investing to all,
Freeus