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

To: Ron Dior who wrote (6471)	2/27/1999 1:53:00 AM
From: shaanxi	Read Replies (2) \| Respond to of 21876

No stopping until $120.

To: Ron Dior who wrote (6471)	2/27/1999 11:23:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 21876

LU will have quite strong resistance in the 104 to 105 area. Based on short term Equivolume the last resistance is down. The new established price range of $99 to $100 is near term support, then $95 to $96. For those wanting to go long LU would suggest to sell this pair of option. LUOA at $6.5 - Delta 0.6, and the 7 Day Theta $0.8 LUBA at $3.5 - Delta 0.4, and the 7 Day Theta $0.9 Break even prices are $115 and $95 and 7 options depreciate around $170 a day. Assuming 5 trading days it actually is $230. I speculate that the writer will end up long LU at an equivalent of $95. See LU chart in PDF format and my computer scans at bway.net BWDIK Haim