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

To: LindyBill who wrote (4284)	9/21/1998 2:05:00 AM
From: ed	Read Replies (2) \| Respond to of 21876

I am afraid the worst was over, and the probability that the stock will start to move up steadily from here is over 70%. Next Monday, Clinton will held a speech in the United Nation, most likely he will call for an world effort to resolve the worldwide economic problem. On Tuesday, Clinton will meet with the Japanese leader to resolve the Japanese banking problem. Japan's congress just past the Banking reform act at the end of last week. In Asia, couple of countries had implemented restrict regulation to maintain the stability of local currency, and so far the policy seemed to work. In the US stock market , since last Oct. many stocks had been through a bear market , which means the stock price had corrected more than 50%, and I called it a bear market, and pretty much it was over, and the short bear market since last October is pretty much at the end. The political flighting back home: Well , the worst for Clinton is over, the people already showed their opinion, i.e It is not necessary for a man to be a good husband to be a good president, i.e a good president may not be a good husband. The release of tape this Monday will not have much impact on the market which had already been factored in . Since all the uncertainity is clear , it is good for the market. The next thing will be the rate cut, my guess is it may happen before the end of this year. In October, Lu will release the earning, and CEO had already said that LU is comfortable with analysts prediction, I do not think he will lie in public, and I do not think he dare either. INTC, MSFT all will release good earning, and this will help all the high tech stocks move one step forward.

To: LindyBill who wrote (4284)	9/21/1998 7:29:00 PM
From: Anonymous	Read Replies (1) \| Respond to of 21876

Lindy - - - Thanks for your candid remarks. I was just curious and I was surprised to see that you invested in most of the companies I just happened to say didn't exist when I started my career. I am retired about three and a half years now and I did enjoy the good market for the past three years. I am for the most part out of the market at the moment and I intend to wait awhile before getting back in. At my age I can't be as aggressive as I'd like to be. Before the summer started I was considering investing about $100K into the market but things started to slow down and now I'm glad I didn't. I moved a small TSA account of my wife's into two Vanguard Funds and by the time the money was transferred and the account set up everything started going south. Right now she's out about 18% of what she had (which was only earning a little over 4.5%). I'm sure that she'll make out over the long haul, but as I said, it wasn't really that much money. Lots of luck on whichever direction you decide to go. Anonymous