SI
SI
discoversearch

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 2.550+2.4%Dec 1 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: telecomguy who wrote (17738)2/23/2001 9:47:14 AM
From: NeverSeemToLearn  Read Replies (1) of 21876
 
telecomguy,
I did not take it to mean that. I think what they are saying is that Morgan Stanley is going to sell 147 million shares (multiplied by $17.50 gives ~$2.5 billion) as a sell side brokerage. I do not think it is the fee they will be getting. 147 million shares is the number MS will be selling as a lead underwriter. Others will be selling the rest. No?
Dayal
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext