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

To: Diamond Jim who wrote (6711)3/18/1999 9:04:00 PM
From: Land Shark  Read Replies (1) | Respond to of 21876
 
CPQ, that's nothing, I bot LU @ 105 last August just after it peaked. Split rumors were abounding and I bit. I rode it all the way down to the 50'ies (wrote some covered calls along the way mind you). I think this'll run after the split sometime in the near future. JMHO



To: Diamond Jim who wrote (6711)3/19/1999 6:54:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 21876
 
Aside from overvaluation and European competition on US shores in addition to NT, LU is being hurt by T (AT&T) $9 billion bond offering.

Would be interesting to see were LU closes today.

My option trades were very profitable closed the LUCA at 1/4 yesterday and I bet the LUCB will expire worthless.

With the market at new highs I am taking some rest. All in cash as of this morning.

Haim


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