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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (9933)	5/29/2001 5:57:43 PM
From: RockyBalboa	of 19633

Tom, no deal between Alca and LU, both trade up afterhours. #"§$! the call option will trade up tom. Sun "only" at 17.50. The market digests bad news better than expected. Lucent, however, balked when it became clear that Alcatel viewed the deal as a takeover of its money-losing U.S. rival, rather than an equal partnership, sources said. ``Lucent made it clear they were not interested in a takeover. Lucent was not for sale -- they wanted a strategic partnership,'' said one source. Arrogance always goes before the fall. LU should go Ch.11 if their vendor financing things do not clear up. No wonder that MS is selling AGR like mad.

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