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

To: X Y Zebra who wrote (4139)	9/15/1998 8:28:00 PM
From: StormRider	Read Replies (3) \| Respond to of 21876

Earlier today on CNBC I happened to catch David Faber talking about the speculation of why Lucent is down today. He mentioned that rumors are circulating that they might warn. However, he said a representative at Lucent (whom he spoke with moments earlier) stated that those rumors are ridiculuous. LU is no doubt among the elite. Guess which stocks will rebound first when the market takes off?? LU, CSCO, MSFT, INTC, DELL, etc. Of course the risk is that a lot of these elite are still overvalued and vulnerable if the market "corrects" further. But like others have stated on this thread, the downside risk for LU is much less than for the other bandwagon favorites.