COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00400

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Dec 5 9:30 AM EST

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To: Jeffery E. Forrest who wrote (6927)	10/16/1997 12:59:00 PM
From: Moonray	of 22053

Lucent to Invest Up to $1 Billion in 5 Years at Atlanta Plant Atlanta, Oct. 16 (Bloomberg) -- Lucent Technologies Inc. plans to invest $350 million over two years and as much as $1 billion over the next five years to expand its Atlanta fiber- optics plant, the Atlanta Journal-Constitution reported. Lucent, already Atlanta's fifth-largest employer with 6,800 jobs at 27 locations, could add hundreds of jobs in its telecommunications expansion, the paper said. The facility, located in Atlanta's Norcross suburb, is already the world's largest combined fiber and fiber cable manufacturer, and the hub of Lucent's 13 global fiber-optics plants. Murray Hill, New Jersey-based Lucent yesterday said it agreed to buy Livingston Enterprises Inc. for $650 million in stock, adding remote-access concentrators which link telephone lines to the Internet to its computer-networking business. o~~~ O

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