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

To: ratan lal who wrote (3372)7/29/1998 3:08:00 PM
From: cynic  Read Replies (1) | Respond to of 21876
 
I agree. I bought yesterday @ 93 and today it looks equally appealing sitting in the high 80s. I plan to continue averaging down as the market tumbles. I don't think LU can keep dropping past the mid 80s, and I believe a split announcement is inevitable before end of
September. They need the additional shares for aquisition purposes.



To: ratan lal who wrote (3372)7/29/1998 4:49:00 PM
From: Jazz102  Read Replies (1) | Respond to of 21876
 
I can empathize. My first stock purchase was safe, staid IBM at 68. Then they cut the dividend and the stock fell and fell and fell to 39 1/2. Today its the equivalent of 256. If you think a stock is good, hang in there. It usually recovers.


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