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

To: kripamoy aguan who wrote (3292)	7/24/1998 12:56:00 PM
From: ratan lal	Read Replies (3) \| Respond to of 21876

Kripamoy Thanks for your response. BTW my average is 103 1/2. I thought of minimising my losses by selling CALLS when LU was at 97 I was gettting 4 for August 100 calls. Even at the current price of 104, August 100 calls are giving 2 7/8. I could keep doing this every month and not lose a penny on my LU holdings. I didnt because i thought that Lu would surely move up based on its earnings and newly announced contracts. Of course the market has not cooperated either. LU seems to be moving with the market. Now if we can only get the market o move back up with Dow over 9300 and NAZ over 2000. I am sure that LU would also move up correspondingly. Personally I feel that DOW will go to 10,000 by yearend. SO I am not really worried. Just upset that my money will be tied and I will not be able to take advantage of the opportunities that will present thems elves. Ratan