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  #1  
Old 04-21-2002, 11:12 AM
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Default Lucent (LU): a worthless, forgotten piece of crap



Can you imagine, if I had said something like that a few years ago - or predicted it - how much of a discredited, irrecoverable outcast I would have become in under five seconds, and for the rest of my life?


How many of you - especially those of you who in in CA - remember when they used to trot out Kim Polese of Marimba (MRBA) each day, like it was The Second Coming?


eLROY
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  #2  
Old 04-21-2002, 11:38 PM
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Default Re: that means it has bottomed *NM*




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  #3  
Old 04-22-2002, 07:38 AM
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Default Do you expect a \"rebound?\" I can \"get even\" at 65! *NM*




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  #4  
Old 04-22-2002, 10:51 AM
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Default Average Down [img]/images/smile.gif[/img] or ....



identify the next hot sector or chalk it up to experience.
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  #5  
Old 04-22-2002, 02:41 PM
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Default Re: Average Down [img]/images/smile.gif[/img] or ....



If you think the economy is headed for recovery

the Independent Power Producers may be a good bet.

See CPN,DUK,MIR


Disclosure: I am net short puts in CPN
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  #6  
Old 04-23-2002, 11:21 AM
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Default Re: Average Down [img]/images/smile.gif[/img] or ....



The IPP's are up nicely.Check out CPN
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  #7  
Old 04-26-2002, 01:14 PM
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Default Re: your a barometer elroy



its going up every day since you washed it out. give me some more of your worthless picks please as i need the money.
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  #8  
Old 04-29-2002, 07:32 PM
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Default WCOM is the next one to go.



It's usually lumped in with LU when they talk about the telecom sector.
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  #9  
Old 04-29-2002, 08:33 PM
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Default here\'s the catch



Suppose you buy LU at 80, and it goes down 95%.


Then all you have to do is invest the same amount of money you had invested at 80 at 4. If it goes up to 7.20, you're golden.


Only problem, you had half your money in it at 80. And then you already tried the equal-amount game twice, at 40, and at 20 (you have a day job).


So, now it's at 5, and you ran out of dough at 20. How high does it have to go before you get even?


If you're counting on a 1400% runup, 30% looks like a dog to me.


And if you think "forgotten" is an exaggeration, try getting a broker to return your calls with $1,200 in the account.


eLROY
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