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


To: Boplicity who wrote (5004)11/21/1998 5:20:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 21876
 
Gregory, just watch the earning growth rate of LU, compare it to NT or ERICY or Siemens or ALA and a long list of others in the field, why would LU from a fundamental point of view trade at $90???

Oh well just because the "mad dogs" and James Cramer like are running LU to the skys???

Now as a trader I am interested to make money and not fight the "mad dogs", I try to make the best out of LU volatility both ways.

As to the fundamentals of this great technological company which is way way overvalued, with a salesman at the helm, similar to DELL or CSCO (even that LU technoligicaly might is well well above DELL and CSCO screw driver technology) LU does not deserve a price higher than let's say $53.

Therefore be prepared for LU to be around $50 much quicker than going above $100.

In the meantime just ride the waves in LU price hopefully on the right side <gggg>

Would love LU to rebound to $90 by Monday to get even <ggg>

BWDIK
Haim



To: Boplicity who wrote (5004)11/21/1998 11:23:00 PM
From: Scrapps  Respond to of 21876
 
Don't know if this has been posted....

Btw, Greg, I was LOL too.

Now this....

exchange2000.com



To: Boplicity who wrote (5004)11/22/1998
From: Luke  Read Replies (1) | Respond to of 21876
 
>>>> Hard to believe your 50 with post like that! What ever you say.
LOL

Greg
>>>>


could not agree more.