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


To: Nathan50 who wrote (3532)8/5/1998 5:28:00 AM
From: David C. Burns  Respond to of 21876
 
<<True but tell that to IBM holders of the mid 80's as their stock soared above 175. If memory serves me correctly IBM "corrected" to 35 before retesting a decade old high.>>

This is absurd to compare LU to IBM in the mid-80's -- IBM was not correcting, it was in free fall due to arrogance and mismanagement by a series of incompetent CEO's. There is absolutely no correlation to LU by any measure.