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

To: Jeng Chiu who wrote (6653)3/16/1999 11:08:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 21876
 
I think the question is based on this time frame, patience is required.

techstocks.com



To: Jeng Chiu who wrote (6653)3/17/1999 3:08:00 AM
From: ed  Read Replies (1) | Respond to of 21876
 
Yes, Lucent had good days and bad days, however , the fact is LU hit $108 last July and $120 this Jan , and closed at $104 7/8 today. So, do you think Lucent is a mover ? Down 2.3% since last July's high !!!!!!!! Or down 12.5% since Jan's high !!!!



To: Jeng Chiu who wrote (6653)3/17/1999 7:35:00 AM
From: Sueponine  Respond to of 21876
 
Jeng, I don't think anything incredibly negative is going on here. Anecdotal evidence alone makes us know that it takes time to assimilate a large acquisition and I think ASND would be considered such. I bought shares at $74 (last year during the downturn of the market) and consider LU to be doing quite well. I really believe we are in very good shape for the long term, not to mention the not-too-distant short term.
Later.
Sueponine.


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