Technology Stocks : Lucent Technologies (LU)


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To: Anonymous who wrote (15294)7/6/2000 11:19:05 AM
From: Mr.FunRead Replies (2) of 21876
 
I don't think this slide is LU specific. Most everything in this sector has behaved poorly over the last couple weeks. Take a look at the beating NOK and MOT have taken. Even Cisco's chart looks ugly. The only big cap name holding its own has been NT - we're pretty happy about that at least.

Don't worry. Every data point I have on LU says this will be a big upside surprise quarter, with real strength right through September. LU is a stock that can double from here, and in pretty short order if everything works out.
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