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

To: SpecialK who wrote (7407)	4/16/1999 3:30:00 PM
From: KYA27	Respond to of 21876

I agree ketan,Here it is..... The two stocks squeezed Intel Corp. (Nasdaq:INTC - news) and Lucent Technologies (NYSE:LU - news) from the ranks of Magellan's top holdings, To me this means 11 or 12........NOT SOLD

To: SpecialK who wrote (7407)	4/16/1999 4:14:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 21876

Okay, I re read it and printed it below. Doesn't say much at all. This is a headline-only alert, although it will likely be followed by an article soon)

To: SpecialK who wrote (7407)	4/16/1999 10:22:00 PM
From: Bindusagar Reddy	Read Replies (2) \| Respond to of 21876

If Magellan Sold LU, it is bullish since they will eventually buy back when they see that LU is kicking Butts. If everyone bought LU, nobody is left to buy. That fact that big funds lightened up and we did n,t crash to earth is a good sign. These fund managers are no better than SHEEP. This also explains the flat performance of LU stock from 1/99-4/99. All this will be made up in this quarter after ASND merger. Lu has no buying pressure as people who want LU are buying ASND at discount and not exerting any buying pressure on LU stock, ASND does n't move because it is pegged to LU. AS soon as the merger is complete LU will fly to the next trading range 70-75 in June 99. BR