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

To: Bindusagar Reddy who wrote (7155)	4/11/1999 12:46:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 21876

BR, there is no question that unit sales will expand but I am not sure about LU earnings growth to be over 50% to justify present multiple let alone the issue that pricing a stock on anticipated earnings growth is BS and another scam by WS spinners to sell more stocks to the average idiots. Do not get me wrong LU is not the only overvalued stock in this market. I made money on LU by selling puts, and I made money on LU by selling calls etc. Mutual Funds are no different their manager make a living by stocks moving higher, so their are another bunch of criminals engaged in a ponzi pyramid scheme. Cash is King and stocks are trash who will fall and burn unexpected. <GGG> After a substantial decline you will see lawsuits flying all over for not disclosing the dangers of investing in momentum stocks. Let's speak in 6 to 9 months. You can see my coments at bway.net BWDIK Haim

To: Bindusagar Reddy who wrote (7155)	4/11/1999 1:57:00 PM
From: taxman	Read Replies (1) \| Respond to of 21876

"It is obvious that this guy is a SHORT seller" i don't think so. regards Olstein Financial Alert (OFALX) Portfolio Composition (%) Stocks 75.49 Bonds 0.00 Preferred 0.00 Convertibles 0.00 Cash 24.51 Updated 31-Dec-98 Top Equity Holdings (%) MO Philip Morris Companies Inc 3.17 DAL Delta Air Lines Inc 3.12 AMR AMR Corp 2.96 TER Teradyne Inc 2.42 RDB Reader's Digest Association Inc 2.39 ETH Ethan Allen Interiors Inc 2.34 OXHP Oxford Health Plans Inc 2.20 AKS AK Steel Holding Corp 2.03 PRYA Pittway Corp 1.99 QNTM Quantum Corp 1.99 Copyright © 1999 Yahoo! All Rights Reserved.