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

To: Boplicity who wrote (4357)	9/29/1998 6:51:00 PM
From: JeffT	Read Replies (2) \| Respond to of 21876

The gains so far have been outstanding Greg. It was important to get on the boat early on this one. I was fortunate in that regard. Where it goes from here is anyones guess, but I personally believe that the same dynamics that got us this far are still in place. It has just come so far so fast that it is taking a breather. It has fallen off quite a bit from its highs, however I think that is a combination of taking a breather as I said and also a wait and see attitude about earnings and revenue growth and also a little fear about the size of any possible acquisitions they might make after 10-1-98. If they spend a lot of money on a new acquisition, then i would expect the stock price to take a hit for the short term. Anyway, I think for me that patience will pay off in the future with this sleeping giant. Just my humble opinion. Good luck in your decision making. Jeff