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

To: Bill johnson1 who wrote (3281)	7/23/1998 10:52:00 PM
From: Taby	Read Replies (3) \| Respond to of 21876

The only thing that held back Lu from going to 110 was the market in the last couple of days. I believe LU will not drop much even if the market goes down further. A quick run to 110 can happen quickly, I hope I can get in tomorrow around 96.

To: Bill johnson1 who wrote (3281)	7/24/1998 8:45:00 AM
From: Robert New	Respond to of 21876

Hi Bill I think that $95 will end up being an excellent point of entry whether you hold LU short term or long term. I must say that I've had some good timing with LU which is why I continue to allocate 50% to a trading position and 50% to a long term position. Taking into account the effect of taxes I would say that the two positions are relatively break even in terms of gains this year. However should we ever see a serious downturn in the markets I would be better off with my trading position. There are arguments to support both short and long term trading but I think both can be successful when your talking about a stock such as Lucent with its relative strength and positive outlook. Looks like NOK.A had a blowout report this morning and is expected to open up over $7.00 on the Big Board.... Good investing to you...