Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.415

+1.9%

Nov 21 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stilts who wrote (11979)	1/2/2000 9:01:00 PM
From: Chuzzlewit	Read Replies (1) of 21876

Stilts, you are incorrect in any number of points you make. First, let me assure you that there are methods whereby excess collateral need not be applied to the securities. Second, I am not intending to spook anybody. I am simply sharing my concerns about these transactions. (I am long LU, and have been since the IPO, and added to my position directly and as a result of the ASND acquisition) Third, there is nothing mysterious or spurious about the issues I brought up, nor were any accusations made. Finally, the issue I raised is not the wisdom of the deal, but rather the sufficiency of cash flow to fund future growth. There seems to be an unhealthy mentality of being "with us or against us" that permeates too many of these discussions. I would hope that a dispassionate discussion of these financing deals would illuminate what's going on. Where did you see the 4% discount? And what do you believe the terms and covenants of the securities to be? I saw nothing of those details in the 10-K. TTFN, CTC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next