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Technology Stocks : Lucent Technologies (LU)
LU 2.500+3.5%Nov 24 3:59 PM EST

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To: Capitalist who wrote (1077)12/4/1997 11:27:00 PM
From: damniseedemons  Read Replies (3) of 21876
 
Serry, if LU really does buy ASND, LU stock will take a hit. I wouldn't want to be long on LU if/when the deal gets announced....

So, when are you finally going to bite the bullet and admit that you own too much LU, and not enough MSFT, SAPHY, PSFT, or hell, even *more* CSCO?? (just talking about bluer-chips to replace LU with--also throw SEBL in there.)

Anyway, I still find it a bit odd that LU bought Livingston and is now allegedly going for ASND. If Livingston hasn't closed yet (I have no idea?), they might want to put the brakes on that one and eat the relatively small bail-out penalty.

Sal

PS. I'll be home on Tuesday night.
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