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

To: 7th_Flagmen who wrote (3305)	7/25/1998 9:32:00 AM
From: J. P.	Read Replies (1) \| Respond to of 21876

<Don't worry about it man. Bet you that it jumps to 107.75 by next Friday. > O.K., Can you give me three compelling reasons for Lucent to have a continued bullish run in the mid term (say three months out)? If you look at a Nasdaq chart (and I'll work with the assumption that LU tracks the Nasdaq more closely than the NYSE), you'll see three decidedly down selloff days, followed by a failed rally on the fourth day. To me this is the sign of the beginning of a down trend. Nothing to worry about, in fact, I'm happy about it, means more opportunity later! If the past is any guide, LU will form a base (maybe high 90's?, I'd love to see the mid 80's! cause I'm greedy), then when the market becomes accumulative again, Lucent will be a leader again in the rise, (depending on how their 'blockbuster' acquisitions are accepted by the street) But short term I would be extremely interested in anyone's comments on driving forces behind a continuing bullish uptrend.

To: 7th_Flagmen who wrote (3305)	7/26/1998 9:20:00 PM
From: Bill johnson1	Read Replies (1) \| Respond to of 21876

Lucents market cap is much larger than say Dell, and as companies get larger, their growth tends to slow. It remains to be seen whether a company like Lucent can grow to say 4000 % since 1995. Dell has grown something like 40 times since 1994, but I can't imagine it continuing much longer at that pace. Lucent tripled last year and may split again and hence double again. I would feel more comfortable buying lucent around 85. If the markets tumble a little I may get my wish. If we knew Lucent would double we would just invest everything in it and not work during the day. Bill