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

To: Shafik Habal who wrote (2097)	4/7/1998 3:55:00 AM
From: Cyberstock	Read Replies (1) \| Respond to of 21876

Shafik, Tellabs and LU are probably pretty similar with regard to their products. I would assume both LU and TLAB make digital cross connects, switches, etc. among other telecom equip. TLAB stock has split in each of the previous 4 years, except in 1997. The stock has had a nice steady move upward from the high 40s up to the mid 50s range where it has traded the past few months and now the mid to high 60s here in early April. Normally this is a pretty decent move over a period of a couple months, but if you look at the chart from last Sep/Oct time frame, its just recently eclipsed old highs and and looks like it could run here. Even today, while LU got smacked hard (which I would've expected sooner or later given LU's phenomenal run recently), TLAB held at its breakout point. A WORD OF CAUTION: By no means would I liquidate any position in LU b/c I think LU is a fabulous company with great prospects. What I should have wrote in my original response to Qdog was that it was a small trading position that i had in LU. Those "trading funds" are now earmarked for TLAB. Longer term, there is probably a greater chance to make money in either of these stocks by simply buying and holding. However, with the recent "split mania" on the street, I am betting that TLAB runs a little ( doubt it runs like LU though ). Good Luck my friend.