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


To: William Hunt who wrote (3266)7/23/1998 10:35:00 AM
From: DaveMG  Read Replies (1) | Respond to of 21876
 
Does anyone find it all disturbing that revenue growth was only 14% year over year, which suggests that a lot of the income rise came from internal cost cutting? I would think this would have to change for the stock price to be sustainable...

dave (not a LU shareholder)



To: William Hunt who wrote (3266)7/23/1998 10:50:00 AM
From: Robert New  Read Replies (1) | Respond to of 21876
 
Regarding my investment in LU I often tell people that I cannot afford NOT to be involved in Lucent. I hold a long term position and also keep a trading position...both of which I have been well rewarded. I sold the day before earnings at 106 and at this point the 99-100 area looks to be a good point of entry for any new money assuming the market holds up...I also hold TLAB and ERICY. The wireless/telecom sector continues to outperform for the forseeable future...

Good investing to all...