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Technology Stocks : Lucent Technologies (LU)
LU 2.650+0.4%Dec 26 9:30 AM EST
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To: William Hunt who wrote (9614)9/22/1999 8:03:00 PM
From: The Phoenix  Read Replies (2) of 21876
 
William,

Interesting article... funny to watch Russo make such a bad blunder though..

Cisco paid nearly $7 billion for two optical networking
companies, Cerent and Monterey Networks, in order to bec ome a leader in optical hardware used by big data networks. Cisco can
pick up "two companies,' she says, but Lucent can flex "over 2,000 patents alone in the optical field"

If memory serves there was a broad cross license agreement as part of the resolution of litigation filed by both companies.

OG
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