Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Drew who wrote (4581)	10/7/1998 4:37:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 21876

Drew I do not work at LU either but think 2 more at the most is bottom. If not this puppy can see the 40s. If she were going to blow through it would have happened by now IMO. The sector may not be heavily invested in for a year as you suggest but LU being top dog will be which makes me believe the $$$ that would have gone into the entire sector will go into LU alone.

To: Drew who wrote (4581)	10/7/1998 5:03:00 PM
From: Jim Roof	Read Replies (2) \| Respond to of 21876

For those who believe in trendlines (and I am one to do so) LU touched its lower trendline that has developed over the last 100 weeks. This line has been hit three to four times if my memory serves me correctly. LU must be viewed on a semilog chart to get the proper relative perspective (SI's charts are semilog). If this sector will not be invested in heavily for a year or so then the smart money says buy over the course of the next year and have the fun of riding it when buying does pick up. As for me, I will sell LU some time in the year 2024. Or... I may hold. Jim