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

To: LWolf who wrote (3537)	8/5/1998 11:14:00 AM
From: Drew Williams	Read Replies (1) \| Respond to of 21876

Nothing like a market correction to bring out all the pent up hostility in people. Everybody seems to be looking for someone to fight with to work off their frustration at seeing assets evaporate. My largest holding, Globalstar (GSTRF), was down about 5% yesterday (at times making Lucent my largest holding in $). It was down as much as another 10% this morning and was 2% up the last time I looked. Whiplash. Compared to that, Lucent has been very well behaved. So has the GSTRF board. Of course, GSTRF has a lot more to be humble about, since the bloodletting there has been going on for a long time. By the way, ask Lucent management how much potential there is in China for telecommunications infrastructure contracts. Billions and billions is the answer. My only question is how much of that will be copper systems like here and how much will be wireless. I'm betting more on wireless. Either way, Lucent wins. Relax. Go to the beach. Read a good book. See a movie. And try and get a good night's sleep.