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Strategies & Market Trends : Rande Is . . . HOME
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To: Starlight who wrote (50100)4/4/2001 4:55:11 PM
From: maverick61  Read Replies (1) of 57584
 
Elizabeth, I missed that while doing my yard work, but that whole premise goes along with what I have been saying. LU has to do something drastic to just get their balance sheet in order. Already in the past year, they have spun of Avaya - and last week, spun out Agere. The Agere deal was enough to provide them a short term boost in eliminating debt - but didn't solve their long term problems. They will likely have to sell something else off just to survive. What they can sell and for how much is a matter of speculation that I won't get in. But its not a good sign when any investor places their hope in a company who has to sell off parts of itself in order to survive
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