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Technology Stocks : Nortel Networks (NT)

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To: hari t who started this subject	3/3/2001 3:49:23 AM
From: William Hunt	of 14638

JDS, Corning interested in Lucent's fibre Reuters News Agency The potential sale of Lucent Technologies Inc's optical-fibre business is drawing strong interest with several companies angling to make bids that could range from $8-billion (U.S.) to $10-billion, the Wall Street Journal reported on Friday. Citing people familiar with the matter, the paper said Corning Inc., Alcatel SA of France, JDS Uniphase Corp. and Italy's Pirelli SpA , among others, already had informally expressed an interest. The auction process has not officially started, but Corning and JDS had gone so far as to make pre-emptive offers to buy the business, the paper said. BEST WISHES BILL

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