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Technology Stocks : LU: Long-term Prospects
LU 2.625+2.9%3:59 PM EST

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To: Caroline who wrote (16)4/18/1998 9:39:00 AM
From: William Hunt  Read Replies (2) of 82
 
CAROLINE --- GOOD MORNING ---My understanding is that until this fall LU could only use cash to buy other companies . In the fall LU will be out of the spin-off restrictions from ATT and will be able to use the value of there stock for the purchase of other companies ( tax free stock swap ,etc ) . As notice the value has increase and will allow the company to acquire much larger acquisitions that will help it grow

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