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


To: Stonehenge who wrote (3472)8/1/1998 8:03:00 PM
From: Ibexx  Read Replies (1) | Respond to of 21876
 
Hi Stonehenge,

Re. . Is it a good time to take a position in LU now?

They say if you are truly long on a stock, anytime is a good time to get in.

But market will be quite volatile in the coming weeks/months. If you plan to invest, you could consider taking 1/4 of the intended position everytime when there is a pullback (next Monday could be one of such occasions), and average your way in to minimize timing risks.

I used this approach for nearly all my core holdings, including LU, CSCO, MSFT and SAP. These issues were never undervalued as far as I could remember.

Regards,
Ibexx