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

To: ratan lal who wrote (3228)	7/22/1998 11:07:00 AM
From: Maxer	Read Replies (2) \| Respond to of 21876

>>> !@###%% LU down 3/8 to 101 1/2 !!!!!! <<< Dude, chill out. Take a long view. Everyone's taking profits. This is Lucent. You know-- "buy on the rumor, sell on the news."

To: ratan lal who wrote (3228)	7/22/1998 11:22:00 AM
From: J. P.	Respond to of 21876

Ah, if only they'd announced earnings a week ago... I've sold my deeper in the money options (holding my stock forever), had to settle for a lousy 450% profit :( Kept some of my options because I think Lucent has a good pop left in it once the broader tech market goes positive again. Only news left I can think of to propel LU short term is a stock split, and there seems to be some debate as to whether they have enough shares authorized to do so, and still be able to make a large acquisition in Oct. Was hoping for more, but such is the market...