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


To: JRH who wrote (2160)4/8/1998 12:25:00 PM
From: Gloria G  Read Replies (1) | Respond to of 21876
 
This stock has finished "correcting" and is now moving back up. I think all you anxious profit-takers should take a look at the past history of some of the big popular tech companies, like Microsoft, Intel, and Cisco. These have been seen as overvalued as they climbed up and up.
There are always new customers, products and acquisitions to be made. For example,I also own shares of a wonderful smaller telecom company named AFCI. They make a unique connecting device that increases bandwith for smaller phone systems, and added 150 new customers in their 4th Q. Lucent doesn't have a product that does that.
Lucent can take some its recently acquired funds and buy companies like AFCI [I wish]. This is just the beginning.