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


To: blokker who wrote (6728)3/19/1999 11:04:00 AM
From: Robohogs  Read Replies (1) | Respond to of 21876
 
It won't pop up - it is consistently down over five days now in an up-up market with CSCO moving hard to upside. This one is lost money until the Great Crash (coming later this year to a market near you) is over.



To: blokker who wrote (6728)3/19/1999 11:20:00 AM
From: Mark Palmberg  Read Replies (2) | Respond to of 21876
 
Explanation: LU sucks.

It took me a while to stop laughing after I read this, I have to admit. I found myself with the same smile on my face that I get when I see a spoiled child clamoring for an ice cream treat, screaming and whining for instant gratification. What a fruitless way to approach stock investing! How long have you been in LU, three months? This stock was at 50 not too long ago, you know. If you'll take a sec to do the math, that's a %100 increase in value.

I am holding for now but as soon as this thing pops I am OUT for GOOD !

Don't let the door hit you in the ass on the way out. There are plenty of INVESTORS out there who'll be glad to pick up your shares.

Best of luck.

Mark



To: blokker who wrote (6728)3/19/1999 12:38:00 PM
From: Tech Bull  Respond to of 21876
 
You probably know this already - but a refresher just in case ...

CSCO PE 46% higher than LU (imagine where LU stock would be ...)
CSCO market cap 26% higher than LU (!!!!)
CSCO revenue 33% of LU
CSCO after tax income 86% of LU

Which one is on thin ice (esp if any margin pressure)?

Long on ASND(LU).