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


To: Vijay Mehta who wrote (1945)4/2/1998 10:41:00 AM
From: Frost Byte  Respond to of 21876
 
Typically the strength occurs the day the stock split is announced through the date the split actually takes place (today)...and then the stock is pretty much on its own....

Another stock that recently declared a split is Syntel (SYNT)...they are a company similar to EDS, providing IT & Year 2000 solutions. The CEO holds 86% of the stock and Robertson Stephens just reiterated their BUY rating...looks good for another play on a stock about to split.

Regards.



To: Vijay Mehta who wrote (1945)4/2/1998 10:42:00 AM
From: Rob L.  Respond to of 21876
 
Vijay, your statement is correct today. However, look at when those companies first split as LU has just done. They went on to split numerous more times before they started languishing. I think we have a few more splits over the next couple of years before we get to the languishing that you speak of. Until then, sit tight and enjoy the ride. There are many great things to come from thsi company. Bell labs is first class all the way!



To: Vijay Mehta who wrote (1945)4/2/1998 10:57:00 AM
From: Mark Palmberg  Read Replies (1) | Respond to of 21876
 
I've seen HWP, BAY, ORCL, DELL, CPQ all perform poorly
after their last split. Even mighty CSCO is languishing
since its split.


LU has nothing in common with the first five companies you mention here, other than they're all publicly traded.

And as far as CSCO languishing, I suspect that might have something to do with LUCENT EATING ITS LUNCH!

In case folks haven't been paying attention to Lucent's work over the past six months, this company is doing everything it can to make sure that, if anyone makes any money in their sector over the next five to ten years, it's going to be them.

Still waiting for 70 (though not for long, the way things look right now),

Mark

Ridin' the LU Express (it's a supercooled MAG-LEV bullet train)