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Technology Stocks : BAY Ntwks (under House)

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To: Bald Eagle who wrote (5494)4/22/1998 5:53:00 PM
From: Lerxst  Read Replies (3) of 6980
 
Lucent can acquire anyone at anytime, witness Agile and Livingston. However, they cannot account for an acquisition as a "pooling of interests" until October 8th. Pooling of interest is beneficial, since it precludes the acquiring company from getting taxed on "goodwill."

Lerxst
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