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

To: Mark Palmberg who wrote (6974)	4/2/1999 9:56:00 AM
From: Haim R. Branisteanu	Respond to of 21876

Mark, 111 3/4 for convenience $112 results in $56 by Monday. Now do you think that all the 110 option writers know one think or two and do know what they are doing?? I do not think they write to loose money <GGG>. Most recently LU is attracted to the $50 range like a magnet. Earnings must come up to justify the stock price which will make LU a perfect butterfly stock for option players. As of now NT is a relative better value. Just compare price movements on both stocks since December 1998. Best of luck, I like to collect premiums on puts and calls. Haim