Solectron Message Board - Msg: 16988808

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Technology Stocks : Solectron

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To: JakeStraw who wrote (432)	1/31/2002 9:36:34 AM
From: JakeStraw	Read Replies (1) of 493

Solectron Negotiating Manufacturing Agreement With Lucent biz.yahoo.com MILPITAS, Calif., Jan. 31 /PRNewswire-FirstCall/ -- Solectron Corporation (NYSE: SLR), a leading provider of electronics manufacturing and supply-chain management services, said today it is negotiating toward an agreement to purchase specialized equipment and usable inventory from Lucent Technologies for between $250 million and $290 million in cash. As part of the prospective agreement, Solectron would be awarded a multi-year contract to provide supply- chain services for selected Lucent optical networking products. (Photo: newscom.com ) The companies continue to negotiate, various contingencies remain and the parties have not reached agreement on the prospective contract. Solectron said there is no guarantee an agreement will be reached.

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