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Technology Stocks : Lucent Technologies (LU)
LU 2.550+2.4%Dec 1 3:59 PM EST
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To: zbyslaw owczarczyk who wrote (14582)4/27/2000 10:11:00 PM
From: Mr.Fun  Read Replies (1) of 21876
 
Zbyslaw,

Of course it is true that LU was acquired as of June 99. However, since the deal was done as a pooling of interests, all of LU's historical financials have been restated to include Ascend. With NT, Canadian laws do not allow pooling transactions. Bay networks was a purchase, meaning as of September 1998, its revenues were added to NT, with no corresponding restatement of historical financials. I assume you agree that to judge LU or NT's growth without either a) including acquired companies in both historical and current results, or b) explicitly excluding them, is misleading.
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