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Technology Stocks : ASND - Discussion, but no quotes
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: Lee Martin who wrote (131)9/22/1997 10:27:00 PM
From: craig crawford   of 186
 
<< Why is everyone saying that a deal can't be done because LU is currently not able to use their stock to purchase a co.? >>

There is nothing preventing Lucent from using their stock to purchase a company like A$ND. They are not required to use cash. Whether or not Lucent uses stock or cash (or both) to buy A$ND, they (for the time being) will have to account for it as a "purchase" rather than a "pooling-of-intersts".

techstocks.com

Hope this helps. I failed accounting (in college) so someone more knowledgable than I can correct me if I'm wrong.
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