SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Taby who wrote (3282)7/24/1998 1:48:00 AM
From: Ed Robichaud  Read Replies (1) | Respond to of 21876
 
I was lucky enough to grab some shares at $95 today. Any chance of a major flop into the $80's? Hopefully my crystal ball was right and continue the steady climb up........ This is a long term hold, but being curious I wonder how high LU can travel through year end?



To: Taby who wrote (3282)7/24/1998 9:29:00 AM
From: Sawtooth  Read Replies (2) | Respond to of 21876
 
<<The only thing that held back Lu from going to 110 was the market in the last couple of days.>>

Agreed, Taby. Wouldn't be at all surprised, or concerned, to see LU back in the high 80's over the short term. Longer term, sky's the limit, IMO. Good luck.



To: Taby who wrote (3282)7/24/1998 11:50:00 PM
From: Bill johnson1  Read Replies (1) | Respond to of 21876
 
I just managed to buy in when LU fell after rising after opening but I saw the price drop so much during the day, to 92. I should have waite and bought in there if I only new. The stock went from 95 to 92 in about 15 minutes but later rebounded. I had put a sell order in for better or worse at 96 1/2, and it was executed, so I can see if Lucent is a good buy on monday. It will probably open several points higher. maybe goto 98-99. With a PE of 99, Lucent is scary if it ever misses earnings by any margin or preannounces. The stock would be cut in half.