Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RocketMan who wrote (5204)	12/13/1998 10:53:00 PM
From: manohar kanuri	Respond to of 21876

Oh yeah, according some of the canned valuations at investor.com I should be worth a few billions this time next year, snapping at the heels of their lord and master himself! :) But hey! - if it adds to a rich fantasy life..... <bg> mk

To: RocketMan who wrote (5204)	12/13/1998 11:03:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 21876

For what it's worth: $284 in 9/99? I knew taht..... From: #reply-5468042 ------------------------------------------------------------------- Now... A quick review of LU price performance: (adjusted for splits) From April 1996, LU = 15.00 To August 1998 LU = 90.00 Return of only 500 % in its short 2.25 years... or a year over year growth of 222 % p.a. For 1998: Jan/98 LU = 40 July/98 all time HIGH (on a closing basis) = 102.125 or a 155 % gain Yesterday's close = 89.9375 or 125 % gain for the year Well I guess if one is looking for 222 % p.a. gain one should be disappointed, then again there are still 4.5 months to go in 1998, so if the past bears (ooooooooh, that word again !!) any impact (or bearing), it means that on an annualized basis we could expect that by December, LU price should be = 110.00 (or 176.5 %).... oh rats ! we won't make the past 222 % return...... --------------------------------------------------------------------- But if I am wrong.... then..... #reply-6818466