Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.560

+0.4%

Dec 2 3:59 PM EST

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To: DiB who wrote (20877)	9/30/2002 11:28:50 AM
From: David Hansen	of 21876

Agreed. Reverse splits do nothing but move a decimal point. The fact that there is more down-sides to many stocks that have done a reverse split is due to the first cause that made the split required... The only minor positive for LU which is rather unique is that LU is a very widely held stock. So much so that there are many people who own only a few shares. LU in the past has offered to waive brokerage fees to anyone looking to sell their shares if they lave less than (I think) 100 shares... This reduces the administrative burden caused by having to administrate and do mailings to so many stockholders. A reverse split may be an opportunity to lessen the numbers of individual stock holders once again...

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