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


To: RetiredNow who wrote (2113)4/7/1998 1:08:00 PM
From: Dan Jepson  Respond to of 21876
 
Gut Feeling...not going below 65



To: RetiredNow who wrote (2113)4/7/1998 1:09:00 PM
From: Quonnie  Respond to of 21876
 
I have an order in for $65.75 think I will get it?? Hard to tell where the bottom is..Unless the market tanks a great deal I think we are about bottom but will see some dips as Apr 15 gets nearer. Not a TA Good trading and GO LU! good company and good stock Quonnie



To: RetiredNow who wrote (2113)4/7/1998 1:11:00 PM
From: Ibexx  Read Replies (1) | Respond to of 21876
 
The long term investors are still laughing and will continue to be...

In at $25 split-adjusted.

Ibexx



To: RetiredNow who wrote (2113)4/7/1998 1:11:00 PM
From: Ibexx  Read Replies (1) | Respond to of 21876
 
The long term investors are still laughing and will continue to be...

In at $25 split-adjusted.

Ibexx



To: RetiredNow who wrote (2113)4/7/1998 1:55:00 PM
From: Jacques Tootight  Respond to of 21876
 
Mindmeld,

We may have found a base of support at $65. Unless of course
this little overall correction continues, then we'll see that
price in the low $60's as guessed.

As regards $40 - that will happen when they make me Pope. All
the world's markets will collapse.

Happy trading -

RC



To: RetiredNow who wrote (2113)4/7/1998 3:26:00 PM
From: JRH  Read Replies (1) | Respond to of 21876
 
According to my monthly literature which named LU as one of the top 25 stocks of the year, the price target for December was 56 post split. This magazine was extremely bullish on the stock and its earnings, much more, in fact, than Wall Street was. The other factor that I see is that I believe we will have a several hundred point correction over the next few months as MM remember what companies have been saying for the last quarter: Earnings will suffer from Asia! I don't expect LU to be much affected by Asia, but I do think that it will be affected by the overall market. So, keeping these things in mind, I would set a price target at about $55. Of course, for a long term buy, I could probably live with anything below $60, but $55 and below is the most attractive, and I believe that we will see it at this price...

LU & CSCO long,
JRH