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

To: puborectalis who wrote (5758)	1/21/1999 10:04:00 PM
From: SJS	Read Replies (1) \| Respond to of 21876

I'll take anyone's scared stock for my IRA. I did so today, near the bottom. I plan to retire rich from LU. Do you think I care if it goes DOWN 30 points from here? In 3 years it will be better than double today's price, probably triple. Now...as a trader, the ST price swings are definitely playable. As an investor, I care not. This stock is to telecom what CSCO is to Networking, INTC is to microprocessor chips, and MSFT is to software. Buying LT puts on this stock is giving easy money to put writers. They're laughing all the way to the bank. I wish I could write PUTS in my IRA. I'd do it every month with this stock.