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

To: Ben Antanaitis who wrote (4668)10/14/1998 1:25:00 PM
From: Capitalist  Read Replies (1) | Respond to of 21876
 
From briefing.com:

Lucent Technologies Inc. (LU) 67 13/16 +3 3/8: CIBC Oppenheimer initiates coverage of telecommunications equipment maker with "buy" and a price target of $75; provides relatively high visibility in revenue and earnings per share growth due to long term contract commitments, product line breadth and significant operating leverage; expects gross margin to decline, however, due to aggressive pricing in the industry and company's focus on gaining market share; stock deserves premium valuation relative to the market based on expanding market, outlook for above average revenue and earnings growth visibility.....



To: Ben Antanaitis who wrote (4668)10/14/1998 2:49:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 21876
 
LU at 69 and change (70 is resistance)

I think it's a good short at this point with a stop loss at 72.



To: Ben Antanaitis who wrote (4668)10/15/1998 8:35:00 PM
From: yard_man  Read Replies (1) | Respond to of 21876
 
Looks like max pain may work this expiry?


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