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

To: Mark Palmberg who wrote (3368)7/29/1998 2:43:00 PM
From: Robert Smith  Read Replies (1) | Respond to of 21876
 
Does this stock has any support levels anymore ?



To: Mark Palmberg who wrote (3368)7/29/1998 2:44:00 PM
From: Hugh W.  Respond to of 21876
 
Don't you folks like to buy some LU. It has been dropped 20% from its high. I've put a stop buy order.



To: Mark Palmberg who wrote (3368)7/29/1998 2:55:00 PM
From: Ibexx  Respond to of 21876
 
Very likely options expiry play by MMs.

Today--and just today--over 2700 contracts August 95 calls (out of 8100+ open interest) were traded. Looks like the MMs are trying to hold stock price under $95 to kill this strike.

Ibexx


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