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Technology Stocks : Lucent Technologies (LU)
LU 2.550+2.0%3:59 PM EST
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To: Chris who wrote (1068)12/4/1997 4:36:00 PM
From: Bill McEachern  Read Replies (2) of 21876
 
I was told by someone that after the spin-off from AT&T, LU was/is prevented from purchasing companies via stock swaps (i.e. pooling of interests) for a period of time. This limits them to paying cash for companies.

So: a) Does anyone know if LU is in fact currently under this restriction
b) When is the restriction to be lifted.

If anyone knows, please post.

Bill
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