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


To: Jacques Tootight who wrote (3418)7/30/1998 9:36:00 AM
From: Mark Palmberg  Read Replies (2) | Respond to of 21876
 
Am I the only one who thinks that a run from the low 90's to 108 was also irrational?

At last, a voice of reason! You and I both know, R.C., that getting rid of chaff like this is going to make LU a better stock (if that's possible). I still cannot understand why anyone would sell this stock. MSFT and Yahoo fluctuate a couple points every day, why not go trade in those stocks? Leave LU for the investors.

Almost without exception, every analyst I've ever heard talk about Lucent has said it should be a core holding. And why not? Can you think of another company in recent history that takes advantage of all LU has to offer? A company this huge, which is still considered to be in its infancy in many ways, even though it's been doing business and conducting research in its sector for years....

It's all topside for the foreseeable future. Anyone who's too shortsighted and too impatient to look into the fundamentals of this great concern doesn't deserve to hold it, plain and simple.

Great luck to you today, R.C.

Mark

PS Besides, any stock whose thread Ibexx takes the time to post to has my Goodhousekeeping Seal of Approval.