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


To: TCGNJ who wrote (2202)4/10/1998 6:17:00 PM
From: Normandi  Read Replies (1) | Respond to of 21876
 
WHOOOO!!!Big Guy..

Your are using free advice from unknown sources to make decisions regarding the investment of you cash...GET A GRIP MAN....

Does your Mom know you are out at night?

Get Help!

Good Investing
Norm



To: TCGNJ who wrote (2202)4/13/1998 11:51:00 AM
From: qdog  Read Replies (1) | Respond to of 21876
 
In my regular account, minus com and taxes, probably approaching 45% +/- a few %. In my SEP/IRA, around 65% +/- a few points (still working on my taxes). Tend to be more aggressive in the IRA (no taxes). That is as of the end of the year. I haven't a clue what it's up to this year, as I have F, LU, QCOM and now ALA, which jumped 12 pts in the past month and LU run up of 50% or so, as core holdings and both have done well in the 1 Q this year. I also raised alot of cash last year by selling INTC, MSFT, CSCO and DELL. Simply feel that they are overvalued and on 2, I was very wrong.

Some other stocks haven't done as good especially in the regular account, which I'm hestitant to take profits that haven't faired well, but will write cover calls or buy puts. Still feel that the market is generally very overvalued and with the rules change recently on triggers, setting itself up for a major correction down the road, quite possibly late in the year.

Each to their own on what you think is going to happen. I told one thread participant over a week ago that I was going to buy put's on LU and did. Paid off handsomely. I read this thread and identify momentum investors, which I don't subcribe to other than it tells me to dump a stock that they are manipulating. Don't have the stomach for that gyration. Makes it difficult when owning a company like LU, that I have for so long.