Tuesday, August 23, 2005 7:34:27 AM
LU, buy and hold?
"Lucent Technologies, by my models, is 73.4% undervalued, making its fair value $10.98. The weekly chart profile is neutral, suggesting the stock is in a trading range. The low end of the range should be between my weekly value pivots at $2.76 and $2.92. (A value pivot is a value level that did not hold on weakness and is now acting as a magnet as buyers and sellers battle for control; a value level is a price at which my models project that buyers will emerge.)"
http://www.thestreet.com/_yahoo/comment/richardsuttmeier/10239105.html?cm_ven=YAHOO&cm_cat=FREE&...
"Lucent Technologies, by my models, is 73.4% undervalued, making its fair value $10.98. The weekly chart profile is neutral, suggesting the stock is in a trading range. The low end of the range should be between my weekly value pivots at $2.76 and $2.92. (A value pivot is a value level that did not hold on weakness and is now acting as a magnet as buyers and sellers battle for control; a value level is a price at which my models project that buyers will emerge.)"
http://www.thestreet.com/_yahoo/comment/richardsuttmeier/10239105.html?cm_ven=YAHOO&cm_cat=FREE&...
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
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