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


To: Haim R. Branisteanu who wrote (5147)12/7/1998 8:03:00 PM
From: Jim Roof  Read Replies (1) | Respond to of 21876
 
I am incredulous that you would complain of LU's volatility and then place a trade and a stop just 3/8 lower than your entry - especially on a 100 dollar stock. Do you really feel that insecure about LU?

Jim



To: Haim R. Branisteanu who wrote (5147)12/7/1998 8:24:00 PM
From: Jon  Respond to of 21876
 
Sorry Chaim but I get real time quotes and I know that trading a stock like LU does not allow you to use close stops. You would get stopped out every time before it even had an opportunity to move. You don't get a response b/c you're telling the truth and it pisses people off. You get responses b/c absolutely no one believes you and you never have intelligent insight on LU. e.g. 1)"They just established about $2 billion in credit lines for Brazil, that is why Lucent won the project not because it's superior equipment but because EXIM is delivering the
money collected from us taxpayers as a credit line to Brazil to pay Lucent". At that point LU was, in your opinion "grossly overvalued" it was trading at 79 5/8. The next day started its most recent rise. 2)"LU relative price should be around $55 but also ASND is 3 times it's value and TLAB is going back to the sky again". etc, etc, etc

For your information, I've been long 2000 LU @ 56 1/2 and a 1000 LU @ 76 1/8. No jealousy here! I'm a daytrader myself and I know LU through and through and I just see your posts as misleading at best and self-serving at worst. You always seem to fly in the face of reality on the one hand but you also make money against your own advice on the other.

I am simply very skeptical as to your motives in this thread.



To: Haim R. Branisteanu who wrote (5147)12/7/1998 8:40:00 PM
From: Sawtooth  Read Replies (1) | Respond to of 21876
 
<<Aside I just wonder why my comments attract so many responses <GG> may be I am right and it pisses those that disagree with me <GGG>>>

Haim: Without drawing any conclusion on your motives or success, since I haven't followed the thread closely, the ongoing debate still reminds me of a humorous quote, Mark Twain's I think; "The biggest problem with know-it-all's is that they frequently do." ; )