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

To: Jim Roof who wrote (5111)12/5/1998 11:11:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 21876
 
Jim, would you think that NT may the second stock to brake out in sympathy?? I am short puts on NT (e.g. Long) for same pattern.

May write puts on LU also implied volatility is very high.

BWDIK
Haim



To: Jim Roof who wrote (5111)12/5/1998 8:43:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 21876
 
Technically, LU broke out Friday on 50% above average volume which is very bullish. 110-120 is possible within 4-8 weeks along with a split announcement. However, it would help if the market shot to new highs, too. Looking LU's graph, when this stock breaks out, it can ramp HUGE. We'll see.


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