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

To: ed who wrote (3543)	8/7/1998 2:09:00 AM
From: Nathan50	Read Replies (1) \| Respond to of 21876

Dave and you just don't comprehend, what you read, very well. <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.>....< compare computer business of IBM with telecommunication business of LU, it is just make things funny. > This is what I wrote...... <<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.>> I can't fathom how both of you could conclude that I was comparing IBM to LU in a true business sense. My only point being, that in the mid 80's IBM was the giant, if you will, and when their price dropped at first there where nuts out there thinking IBM couldn't possibly drop below 150 then 120...100...and so on. I don't care how badly they were managed, who would have thought IBM could have reached 35 before turning up? Dave, how does one know a drop in price is a correction or a freefall until after the fact. So how is it so dang absurd or funny? Given time and a lighter wallet, you will see absolute correlation!

To: ed who wrote (3543)	8/7/1998 2:47:00 AM
From: Nathan50	Respond to of 21876

Lucent has performed nicely these past couple days. I am still looking for initial entry if the price is right. Perhaps 50 is a bit much to ask for but what the heck with high multiples, why not? Given no one can predict future price action, why not utilize a company's PE multiple to gage a fair entry price? I would pay over a 100 for this stock if earnings combined with growth justified it. Good news on contracts can just as quickly turn to bad. There are no guarantees on anything and I believe this forum is to be used to constantly monitor and discuss future price movements, for good or bad. Heck, I just asked about the proper PE ratio and it's correlation to price. What I received instead was grammatically poor sentences eventually leading up to cat calling on my thinking. What a joke! < Arrogance does not make a fool smarter, even he is trying to pretend that way. From your post, I can understand that you have lost your temper, however, you are still putting your head in the sands and do not like to learn and dig the facts.> Who you, Sigmund Freud now? <Finally, let me teach you another thing about PE.> Oh really? Try putting together a grammatical correct sentence before teaching me anything. <Again, IF YOU DO NOT KNOW ANYTHING but WITH ARROGANCE, pls do not post on this thread or read this thread, because you will never learn anything with you mind and ears closed> Lee, I am no kid and you pal have no room to tell me not to post on this thread. Take my advice and go take a couple classes in English lit with a few kids, because your writings are pathetic! If you care too, explain to me how families in China and India can afford to buy telecon equipment within the next decade when, I believe, annual per capita consumption of a bottle of soft drink is below 4? Gee, I guess you better rush off and buy KO, huh?