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Strategies & Market Trends : What happened to FBNA? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ulrich who wrote (11)	10/9/2000 1:16:17 AM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 22

MrB, Let's be fair about it (Lucy). For a long time now, I've had a buy target on Lucy (LU) at 35. In all seriousness, I never really dreamed that I'd actually see that price. When the stock dropped to 36 5/8 (which at the time was a new 2 year low), I jumped all over it with both feet. In retrospect, I'd have been wiser to wait 'cuz I coulda got in under (way under) my original target of 35. But looking back on it now, based on the information that was available then, I'd still probably make the same decision. LU would appear to be a very good long term hold at the current trading range. I could be wrong, and it wouldn't be the first time. But my gut tells me that LU will be back in the not too distant future. Perhaps a few quarters or more may be necessary, but they'll be back. And, look on the bright side. I got lots and lots of shares of the spinoff, Avaya (AV). In its first week's debut, it went from 26 to 14 & change, so... <very wry grin> KJC

To: Bill Ulrich who wrote (11)	10/9/2000 8:03:54 PM
From: Tom C	Respond to of 22

I haven't followed MSFT fundamentally to any depth lately for a specific comment. But, aren't they a penny stock? <gg> Not yet but if the DOJ gets their way it could be. If they do, I imagine all the SEC software scanning the net for the phrase "the next Microsoft!!!!" will need maintenance. So far your prediction is good. MSFT is down another 1 3/8 today. The other stocks I'm looking at are CSCO, SUNW, ORCL and TIBX (TIBCO Software) but the PE's are still a little rich. MSFT a has huge problems with DOJ and perception right now. The Antitrust thing is a huge overhang on the stock that will not go away for a long time but if I can get it cheap enough I will take the chance. WBVN. Ouch! It's not a good time to own a stock whose's PE is N/A. I probably didn't need to tell you that did I? Regards Tom