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

To: tajen who wrote (7222)4/12/1999 2:42:00 PM
From: Mark Palmberg  Read Replies (1) | Respond to of 21876
 
Buck expects that Lucent had second quarter revenue "just short" of $8 billion, and expects growth of about 28 percent this year.

28% growth for a company this size?! Jesus, people, if you can look at Lucent and not see a screaming core holding, you'd better get your eyes checked.

This baffles me. You hold Lucent (and buy on dips) for the same reasons you hold Disney, or GE, or Merck, or Apple <gg>. Well, OK, maybe not Apple.

I can't think of one good reason to NOT build on Lucent as a core holding. Of course I have a time horizon of 22 years, by which time I figure I'll have at least 750,000 shares under the current split schedule. ;)

Mark



To: tajen who wrote (7222)4/12/1999 3:54:00 PM
From: DownSouth  Read Replies (1) | Respond to of 21876
 
Thanks, tajen. I am wondering if my LU money could work harder for me elsewhere. (He said, as he braced himself for the great advice he was sure would come.)


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