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


To: Sawtooth who wrote (1815)3/28/1998 6:21:00 PM
From: Bellvie  Read Replies (2) | Respond to of 21876
 
LU 131! How's that for optimism. (thats up 1 from my original 128-130)

It has been difficult not to take profits along this ride, but the biggest temptation to sell is yet to come -when we see 60.. 58.... maybe even 55. Those of you who are planning to hold long term, can you tell us why you won't sell on the big dip?

-Bell



To: Sawtooth who wrote (1815)3/28/1998 9:27:00 PM
From: DWW II  Read Replies (1) | Respond to of 21876
 
My 2 cents on the price now vs. split.......I feel it will not go down at all after the split because of the closeness of their earnings announcement. In other words, everybody will hang on for a very good earnings announcement. After a bull run up, traders will move on. DWW II



To: Sawtooth who wrote (1815)3/29/1998 10:10:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 21876
 
Tim A., I agree with everything you've said, except for one thing. When you said, "if there was ever a company that had every good thing going for it at the same time, it's hard for me to think of one better than LU today," it made me immediately think of CSCO.

CSCO is poised for even more growth than LU, if for no other reason than they have a lower base of revenues. Cisco has about $7 billion in revs while LU has about $28 billion. I think both stocks are overvalued at this point, but if I had to pick between them, I'd choose CSCO. But since I don't, I own both. I just sold a little LU to raise cash for when the tech sector corrects in a month or so.

Anyway, can't wait till Monday. Good luck!