Just over from the BA board to see what you folks think of LU and their chances of surviving this mess. I took flyer at .60 and will hold for 5 years. For $600 you can't do any better. Even if they do go belly up as most of you guys think it's worth the risk. I also went fishing and acquired GlW and SUNW. Hope at least 2 of my picks make it. They all looked good to me on the way down at $35 and $20 and I would of lost my butt. so now I get the chance to get all three for pennies, what do you folks think?
my sentiments exactly. the best "story" i heard was from the companies that have bought lucents products over the years and are now "stuck" with them. they wouldn't let lu go belly up. investing isn't supposed to be gambling. in this position your right though. a samll investment now should easily see a huge gain in the near future. my opinion.