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

To: chirodoc who wrote (4707)	10/17/1998 7:41:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 21876

curtis --- i believe they are done buying the little guys until after a big one. best to get it while lu stock is in the 70s and there will be less dilution. who knows and who cares? it will cause the share price to drop for awhile. look how nice of CPQ it was to buy DEC and allow us to load in the mid 20s. you are correct on the trading range... at around 8K - 8100 nervous nellies run away. big resistance @ 7400 but the bottom is 6750 imo. keep a little cash for the coming downside. too tough to short as the upside is still there until someone sneezes. it will NOT be china. they have said they will not devalue --- they will lose their wife before they lose face to the world... europe should be ok,, asia depends on japan,,, you can believe they are trying but a lot of infighting,,, in the mean time HDIE looks to be the best buy --- loaded the past few days... and for a flyer FP is trading with a P/E of around 1 and will make almost 3 this year!!!