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


To: V who wrote (1848)3/29/1998 9:07:00 PM
From: RavBruce  Read Replies (1) | Respond to of 21876
 
A PE off 44.5 is high for a stock growing 32%.
I really feel that the word on Lucent is out--
especially after the last few weeks of record
breaking rise. I would not buy at this level
but am wary of selling. It is amazing how
people report a PE that is off by 300%!!
The real trick is not to guess what the stock will
be like next week, but what it will be at in
1 month, 3 months, 6, and 12.
Any takers?
Bruce