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Technology Stocks : Amati - MAIN THREAD

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To: Steve Schreifels who wrote (305)	6/4/1996 10:23:00 PM
From: William J Callahan	of 700

AT&T/LUCENT/NCR/CAPITAL Corp/PARADYNE - AT&T is breaking up into 3 companies. 1) AT&T - The service side. 2) Lucent - Manufacturing (Micoelectronics,Network Systems, BCS, and Consumer Products). 3) NCR - Computers Both Capital Corp and Paradyne were/ARE on the blocks to be sold. I own quite a number of shares in AT&T in my 401 plan. My understanding is the following * IPO of 20% of Lucent was held about 2 months ago, IPO price of $27, * For every 3 shares of AT&T I own, I will get 1 share of Lucent and 1 share of NCR. I would retain all my shares of AT&T. * Near the end of the 1996 the shares will be divided up.

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