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


To: J. P. who wrote (3036)7/16/1998 7:39:00 PM
From: George the Greek  Read Replies (2) | Respond to of 21876
 
What I'm wondering is:
will LU take a breather from this torrid run-up?

Perhaps allow entry at a lower price?

Is increasing institutional ownership
driving LU to the sky?

I know that we can expect big growth ahead,
Lucent has major strengths in a multiplicity of areas,
but the PE looks pretty steep now.

Anyone think it might relax to the 80s?
Anyone think it's a bit too frothy now?

Happy to see the ascent,
George