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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (18034)4/23/2001 11:59:51 PM
From: American Spirit   of 37746
 
LU may never have to sell their optics division now and if they do it will be for double the feared low-ball price last month. Their Agere investment just went up 1 billion bucks and that should climb. I'd like to own Agere on a dip. They have 3 billion cash and the VZ deal, and expect more international deals forthcoming. They also have a huge patent bank and lots of assets which don't necesarily show on the balance sheets. If all fails they are a prime takeover candidate. But that may never be necessary. I thnk they will survive and once again surpass NT which has grater problems IMHO. Especially at these prices.
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