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Technology Stocks : Lucent Technologies (LU)

LU 2.415

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3:59 PM EST

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To: Techplayer who wrote (15544)	7/25/2000 12:51:35 PM
From: Steve	Read Replies (2) of 21876

techplayer, The spinoffs are dividends. Why would you wait until the spinoffs are completed? An investor invests for the stream of dividends into the indefinite future. If a company doesn't pay dividends like Microsoft an investor is still looking to a payout of dividends at some future date as a lump sum or some stream of payments. Sometimes dividends come in the form of a spinoff. You can look at the spinoff of Avaya and MicroElec. as lump sum dividends equal to the present value of them if received over the indefinite future.

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