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

To: X Y Zebra who wrote (6696)3/18/1999 1:50:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 21876
 
You can view outstanding LU March open option interest here: cboe.pcquote.com

I wouldn't be surprised if the downward pressure is indeed options related.

I'm not worried though, LU will rally into and directly after the split and then move even higher before earnings are out. I will close my long position b4 earnings are out though since the market's reaction to #s is always a wild card.

Good trading!



To: X Y Zebra who wrote (6696)3/18/1999 2:03:00 PM
From: GSD  Read Replies (2) | Respond to of 21876
 
Need more details, but the following press release may be more positive than at first glance.
dailynews.yahoo.com

AT&T Wireless is ERICY's bread and butter in the U.S. This article doesn't present all of the details, but at first glance, this could be a major loss by ERICY to LU. If details have already leaked out, it may explain what has been driving ERICY shareprice down.


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