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


To: ShamukE who wrote (2061)4/6/1998 11:37:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 21876
 
Hey folks: I think the big first calendar quarter bath is getting started. Those that have moved towards cash will be rewarded as stocks with high PE values get clobbered.

Although, I must admit LU is still going up. What an anti-gravity machine!



To: ShamukE who wrote (2061)4/6/1998 1:37:00 PM
From: Mark Palmberg  Read Replies (1) | Respond to of 21876
 
Keep the thought. If it doesn't work out the way you have it planned you can always blame a "trader"
I'm quite certain that you don't give a rats a** about LU. If your investment makes money you'll be pleased. Same as myself. Bottom line.


I've already stated that we're both in this to make money. And I don't have anything "planned," so I won't need to blame a trader for anything, not that I would in any case.

But, of course, you're wrong about me not giving a rat's ass about Lucent. Your reply, unfortunately, is typical of the kind of thinking I associate with traders. I've gotten to the point where I can accept the fact that there are different types of players in this market who employ different strategies to make money. Some want the money right now, others are more comfortable with a long term outlook. You obviously consider yourself a trader. Great. Congratulations. I'm an investor. I enjoy trying to learn about what makes companies tick, how they work, and why they do or don't make money. If I can figure some of that out, I'll be better able to choose strong companies with solid growth prospects.

I don't have the time or the inclination to play splits, major news, or earnings.

Just relax. Sheesh. The only reason I can think of that you'd have such a vitriolic response to my message was if you were foolish enough to short Lucent and got crushed like a grape. I hope this isn't the case.

Good luck to you.

Mark