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Technology Stocks : Lucent Technologies (LU)
LU 2.650+0.4%Dec 26 9:30 AM EST

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To: DiB who wrote (18538)8/1/2001 8:08:03 PM
From: Dave  Read Replies (1) of 21876
 
DiB,

I meant annual interest expense and current preferred dividends....

If they sold 1.75B of pf stock yielding 8% dividends will be 1.75B*.08, or 140M/year

Lucent's quarterly interest expense is 115M....

Therefore 140M + 115*4 = 600M
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