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 2.650

-2.9%

Nov 14 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OldAIMGuy who wrote (15873)	8/31/2000 7:17:03 PM
From: KevRupert	Read Replies (2) of 21876

Avaya will be spun off to shareholders as announced in today's allocation announcement. Avaya will not have an IPO, simply a spinoff to existing shareholders. The Microelectronic unit, however, will have an IPO -- assumed to be in the first quarter of 2001. The remainder of the Microelectronic unit shares will be spun off to Lucent shareholders -- assumed to be by the end of next summer. (Typically a 6 month window prior to full distribution. Coms/Palm & HWP/A had similar events.) The Microelectronic IPO/spinoff issues are contingent upon appropriate market conditions. I hope everyone has a great day -- and a great Labor Day weekend. ad

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next