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: X Y Zebra who wrote (3400)	7/29/1998 9:29:00 PM
From: puborectalis	Respond to of 21876

Had to buy some LU at the close today even if it goes down to $85..long term,Lucent is the GE of the next millenium.

To: X Y Zebra who wrote (3400)	7/29/1998 9:38:00 PM
From: Eman03	Read Replies (3) \| Respond to of 21876

I'm not overly worried about the price in the long term. I'm just trying to better understand this stock and its place in the market. If Lucent is such a great stock and everyone knows it, it begs the question who is selling, and selling so much to drive the price from 108 to 89 in several days. Is it the institutions trying to get out before the other guy does (do I hear stampede)? Is this all occurring because some day traders are playing around short and all of this is happening with a small float of shares. If that is the case, are folks like us buying the short shares? Again I say, everyone can't be selling because someone has to be buying. Who is selling and who is buying these shares!?!? Evan (confused)