Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: LWolf who wrote (3394)	7/29/1998 8:45:00 PM
From: Eman03	Read Replies (2) \| Respond to of 21876

Can someone help me understand something about this selling...who do you think is doing the selling, and who's buying (there are two sides to every trade, right)?

To: LWolf who wrote (3394)	7/29/1998 8:53:00 PM
From: charlie the tuna	Respond to of 21876

Whether or not LU is a good buy at 89 is certainly debatable. Personally I am just holding my shares that I bought at 37 pre-split (18 1/2 basis now) in May of '96. That plus what i got from the AT&T spinoff is enough for me - can't put too many eggs in one basket even if it has been a GREAT basket to be in. Seems to be a bit of uncertainty right now - down a good bit today with no apparent bad news. I wouldn't be surprised if it traded lower before heading up again - but not a whole lot lower unless the whole market stumbles. For us buy and hold types I believe it will continue to perform well down the road.