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


To: Diamond Jim who wrote (7515)4/22/1999 10:16:00 AM
From: Finder  Read Replies (2) | Respond to of 21876
 
Seller (is part to capture arbitrage) keep pushing stock lower, so it makes it difficult for it to hold its gains.

Lost already half this mornings gains at 10:14. It will be nice when the Ascend deal goes through so that the artificial effect of the arbitrage goes away.



To: Diamond Jim who wrote (7515)4/22/1999 5:56:00 PM
From: Howard Feinstein  Read Replies (2) | Respond to of 21876
 
Hey James, I know we have a few market savvy investors around, but is this market neurotic or what? Gimme a break, analysts rev up this rotation into cyclicals, papers, metals baloney and out of techs. The stocks sell off big time and lookie' here! Huge tech rally!! Hell of a rotation into cyclicals! Instead of the ole' "buy on the dips" they should actually say "mortgage the house on the dips" Anybody that had the balls to buy big time on Monday made some serious money by today! It's a con game like "3 card monte". Sell your stocks off, so we can steal em'!

Howie