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


To: Diamond Jim who wrote (6044)2/4/1999 11:27:00 PM
From: Upticker  Respond to of 21876
 
LUCENT
IMHO There seems to be good support at 100, anytime this stock gets close to 100 there is very strong buying. we may see 100 tommorow, but then the buying will come. Lehman Brothers love to knock a stock down and then get in at a bargain, wouldn't be surprised if they did this today. As I said before, there will be a split announcement after the Feb 17th meeting soon there after we will be testing new highs. This is an excellent company that is growing at an unbelievable pace.....EVERYDAY Lucent is signing Multi Million dollar contracts. Just go through the news, 600 Million today, 300 Million yesterday. Show me another company that's making BIG deals like this. I wouldn't be shorting this stock or buying Puts, if I did today then I would cover tommorow.Good luck to all