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Tempting lucent stock OT?
I'm very tempted into getting lucent right now. It's 4.01, but my target is 3. I know communication is doing bad now, but I never owned the stock when it was in the 80s like some of the people I know, so I didn't lose anything in it, and what can I lose now? 100? We will always need communication. Should I raise my target to 3.5? Is now a good time to buy? I read an article on this, but can't find it. Does anyone know any good sites with some support?
I was just looking at porsche stock, wow 500s, that's expensive, but its not at a low point so I'm not looking to buy. |
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04-10-2002, 11:28 AM
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Too big to fail
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I suggest you delve hard into their fundamentals. A lot of ugly stuff has come out about their accounting practices under Carly the Lame. Of course, I was already in @ ~45 when this stuff hit the fan.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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04-10-2002, 04:37 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,517
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You asked for a good site? www.bobbrinker.com One of his MAJOR rules? No more than 4% of your total equity portfolio in ANY individual stock. That said, I suggest you do MUCH more research than a magazine article before laying your money down...
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04-11-2002, 04:59 PM
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Registered
Join Date: Oct 2003
Location: Roseville, CA
Posts: 3,066
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Though it was funny to come across this exact post because the original poster was asking about Lucent @ $4.01.
I looked it up and here we are more than 11 years later and the stock is at... $4.00 as I post this with only a single dividend in 2007.
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1992 968 Polar Silver 2010 Toyota Highlander SE 2006 Lexus LS430 ML |
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11-20-2013, 09:44 AM
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