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

To: Mark Duper who wrote (6059)2/5/1999 12:42:00 PM
From: Mark Palmberg  Respond to of 21876
 
Remember, folks, last split was announced at $92, after which the stock rose to well over $100 (and I mean WELL over) before splitting.

With the kind of publicity LU has been getting in major media for the last six months, you can bet there's a whole bunch of money sitting out there waiting to get in at the split price (however illogical that is).

This ain't eBay or Yahoo!. Steady growth that handily beats the S&P; what more do you want?

Mark



To: Mark Duper who wrote (6059)2/5/1999 12:43:00 PM
From: Doug  Read Replies (2) | Respond to of 21876
 
Mark: History shows that it is normal for stocks that have had such a steep rise to give up upto 50% of the gain.

There are some who claim otherwise. Time will tell.


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