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

To: lkj who wrote (8074)6/6/1999 9:54:00 AM
From: Marco Polo  Read Replies (1) | Respond to of 21876
 
Yes, Lucent does certainly stand to lose much in China. Let's hope the United States doesn't blow it for LU!



To: lkj who wrote (8074)6/6/1999 12:04:00 PM
From: Eski  Respond to of 21876
 
I'm not long or short but based on the charts I wouldn't buy long right now. Upside is limited to around 65 or so IMO. But I will be shorting at 65, so I hope it does get there. Then long around 56 or so. This seems to be it's trading range lately and with Interest rates fears still looming over the markets and Y2K towards the end of the year don't see LU breaking out to the 70's for a while now, Just my 2 cents.


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