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

To: Anonymous who wrote (6680)	3/17/1999 6:30:00 PM
From: t36	Respond to of 21876

i saw that show..his name was olsen..said lu did creative accounting..long term lu is great..saving it for my kids!!

To: Anonymous who wrote (6680)	3/17/1999 8:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 21876

Anonymous, the empty heads on CNBC do not influence big cap stocks. From a TA point of view, LU looks sick short term for the simple reason that it is an overvalued momentum stock and the momentum players are bailing out. $102 is an important support level. As I mentioned many times before LU deserves around a 20% to 30% premium over NT. But who cares about P/E's or fundamentals in momentum stocks?? BWDIK Haim