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

To: Nathan50 who wrote (3514)8/4/1998 8:05:00 PM
From: Sawtooth  Respond to of 21876
 
<<If Lucent is fairly priced at about a 60 PE than is it safe to assume that it can be had for around 50 dollars a share since it is now trading in excess of 100 PE?>>

Nathan: How are you calculating the > 100 p/e? SI shows trailing four q.'s p/e of ~ 53.



To: Nathan50 who wrote (3514)8/4/1998 8:09:00 PM
From: Caroline  Read Replies (1) | Respond to of 21876
 
Lynch, not Finch, ran Magellan.

I do not want to miss out this time around, but am extremely happy of the current bloodletting. Hoping it continues while I save a few more dollars to buy at much lower levels.

Fresh blood like yours champing at the bit is why this bear is just a bull correction. That and the best economy in 50 years. And investors' short memories and their propensity toward denial regarding panics.

Regards


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