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


To: Haim R. Branisteanu who wrote (5065)12/3/1998 9:01:00 PM
From: Taby  Read Replies (2) | Respond to of 21876
 
Haim,

Looks like your comment is self serving. Maybe you wish LU to go down so you can get in. The reason Lu was up despite market getting hammered is the fact that the company said today they are growing in every aspect of their business! This stock will hit 120 shortly, split and will be at 120 (at least) by this time next year.



To: Haim R. Branisteanu who wrote (5065)12/4/1998 9:07:00 AM
From: Ted Downs  Read Replies (1) | Respond to of 21876
 


To: Ted Downs (5064 )
Thursday, Dec 3 1998 4:15PM ET
Reply # of 5068

Ted, I am not sure about your market experience but the right stock can be manipulated with the right money.

It is done especially at a time there are many shorts in the stock and the Brockerage houses know it.


Haim,
First of all my market experience goes back to the 1960's. I asked a question since LU was up strongly in such a weak market yesterday. Your answer of market manipulation was out of right field and had no basis. Your experience perhaps should be questioned.
I'm currently holding over 2k shares of LU at a cost basis of $15.50.
Usually this thread gives me information , which I've missed or overlooked. Negative comments by shortsellers are taken in stride so I understand where you are coming from. Good Luck.

Ted