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


To: Jorj X Mckie who wrote (6074)2/6/1999 1:35:00 PM
From: ed  Read Replies (1) | Respond to of 21876
 
Well, There maybe another 20 to 30 points of drop on NADZQ, but who cares.
As to LU drops to $94, if the target price at the end of 1999 is $200, then a temporary of drop from $100 to $94 is not a drop at all, just a small fluctuation. Again , who cares. The chance that LU will drop to $94 in the next couple of days is 50%, do not forget LU may announce a split before Feb17, I already cut my vote for increasing the shares,; So what if LU does not drop to $94, then you miss the opportunity of making a big profit of $100 by the end of 1999, just trying to save the $6 by trying to ener the stock at $94, and which may never happen. If that never happen, then your loss is $100 , and if that happens, then you just make another additional $6, which is 6%.