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


To: Highway Jim who wrote (1740)3/25/1998 1:03:00 PM
From: Mazman  Read Replies (1) | Respond to of 21876
 
Jim,

Like you, I am waiting for an entry point. I think it's best to watch and wait for the time being, gather your pennies, see if there is a pullback after the split, THEN make our decision.

Mazman



To: Highway Jim who wrote (1740)3/25/1998 1:15:00 PM
From: Fli-by  Respond to of 21876
 
Jim,

ML says 130-135 before the split
Robertson Stevenson(spelling)says
140-150 pre-split.

Both times I bought LU @100 & 107 5/8
I thought the price was too high. Now it's
125 7/8...LOL

Your call??

Fli-by



To: Highway Jim who wrote (1740)3/25/1998 1:25:00 PM
From: LWolf  Read Replies (2) | Respond to of 21876
 
Jim - I watched the stock go up from 70,it's now 124+. After the split it will 'appear' cheaper.... But it's psychological. If you buy 10, 25, 50, 100 shares now (whatever $$$ you feel you want to invest), you will have the same invested amount after the split, but more shares. Your shares are your multiplier on any price movement in the future.

Everything I've heard about this company and stock indicates that it will keep rising throughout the year. It's sorta another DELL, but in a different industry sector. It's just a matter of 'when you are ready'.

Laura



To: Highway Jim who wrote (1740)3/26/1998 8:43:00 AM
From: Ted Downs  Read Replies (1) | Respond to of 21876
 
Jim,

I am new to this thread. I would love to add LU to my portfolio, but I agree with you that this stock has gone up way to fast. Any ideas on a good entry point?

A report on CNN or CNBC this AM listed insider selling (for what it's worth) major corporations like GE and LU at various prices below current prices. The interpretation was of course that the prices also have gone up to high too fast. You of course have to weigh this with the fact that these insiders also are playing with their perks ie.,stock options. Nevertheless, there should be some caution at these nosebleed prices. Maybe you'll get your entry point soon.

Ted