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

To: RetiredNow who wrote (2081)	4/6/1998 6:08:00 PM
From: Jacques Tootight	Respond to of 21876

I'm with on that one mindmeld. My original post split guess was $62-64. If we get there I'm in. Take care - RC

To: RetiredNow who wrote (2081)	4/6/1998 6:09:00 PM
From: qdog	Respond to of 21876

I think a correction is soon. When, I have no idea. LU is way ahead of itself at this time, so a period of correction and consolidation would not be out of the question. Still have to have the earning to substaniate the valuation.... well, that the way I think, but then I'm just out of touch with the market at these levels. Personnally, I see Lu dipping to the 60-65 level in the next few weeks (or days anymore). Dunno about CSCO. Colleagues of mind in the IT industry are concerned about Y2K budgeting, which might eat into networks for sometime. Also the traditional switch makers like LU, NT, ALA, Ericsson, et al, are moving aggressively into this field, just as the networkers attempt to penetrate the traditional turf of the switch makers.