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

To: RetiredNow who wrote (2021)	4/3/1998 6:23:00 PM
From: LWolf	Read Replies (1) \| Respond to of 21876

mindmeld - >>I'll extend that prediction to the end of April. At that time, both Cisco and Lucent will be trading around $60 per share.<< WHY do you think this? Because it's April? Because there will be a negative surprise? Because the market needs a breather.... (consolidation). Because the overall market will tumble? The stocks will probably continue up till earnings. You may see some profit taking shortly after, then the stocks will probably hold in a tight trading range somewhere around 75+. Folks may be interested in something else for awhile, but they'll keep coming back into strong stocks with good earnings and growth. Laura

To: RetiredNow who wrote (2021)	4/3/1998 11:39:00 PM
From: Raptech	Read Replies (1) \| Respond to of 21876

>>I'll extend that prediction to the end of April. At that time, both Cisco and Lucent will be trading around $60 per share. Anyone else thinks so?<< Don't think you'll have much of a consensus at $60 on LU. >> Lucent: "Growing Like A Youngster" (LU) Monday, March 30, 1998 As a key player in wireless, Internet, telephony and networking, there's little wonder why Stephen Quickel recommends Lucent Technologies (LU) as a core tech growth stock. But act fast, he says, as the price of the former AT&T division is moving as quickly as the hot markets it serves. Lucent began 1998 at 75, rose to 104 at the March 5 market dip, and closed at 69 on April 2, the first day after a two-for-one split. This prompted Quickel to issue a post-split revised target price of 85. "The company is huge but growing like a youngster," Quickel says, noting $27 billion in sales and five-year growth estimates of over 20% annually. The forward P/E is "rich" at 30 but the growth prospects make it worthwhile. Lucent is a top contender in the battles for network bandwidth, and it's the leading US telecom equipment and software supplier. "We would prefer to buy it lower, of course, but advise interested investors not to delay hopping aboard too long," Quickel says.<< Rap

To: RetiredNow who wrote (2021)	4/4/1998 11:47:00 AM
From: KENNETH R SANDERS	Read Replies (1) \| Respond to of 21876

mindmelt>>>>>>>At that time, both Cisco and Lucent will be trading around $60 per share. <<<<<<<<< Who are you mindmelting with? Jimmy Rogers<G> or Tuna Melt<G>Spock would say " It is not logical"