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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 9:30 AM EST

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To: William Hunt who wrote (8175)	6/18/1999 4:11:00 PM
From: Daniel King	Read Replies (1) of 21876

Bill, Actually the Ascend shareowners still need to give a final vote on the company's proposed merger. The meeting will be held at The Ritz-Carlton at 600 Stockton Street in San Francisco on June 24, 1999. If the vote goes they way we want(which is what we expect) I think it would only be a matter of weeks before it is completed. I cannot comment concerning targets for the Qtr's I am just a tech guy. I know of no previous partnership with NEXTBITS. To be honest I do not think NEXTBITS was the primary target, Lucent knew that they had to fill the Gigabit/Terabit backbone hole in the portfolio and any one of the top three could of been candidates. I would of liked to of seen a Juniper acquisition. Dan

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