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Technology Stocks : Lucent Technologies (LU)
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To: freeus who wrote (2763)6/7/1998 4:29:00 PM
From: William Hunt  Read Replies (2) of 21876
 
freeus--- At the time of the buyout I heard that YURI was worth anywhere from 850 million to 1 billion depending upon the source . I personally don't feel they overpaid due to the fact is was a friendly merger which is important to bring a new technology (ATM) for LU into the fold . This allows them not miss a step in their quest to become the true powerhouse in data networking It also was my understanding that the deal was accreative from the beginning .
The issue on accounting for a company as large as LU ( 25 billion ) to me is mute since they have a big six firm looking over there shoulder . Also can individual investor name their source ?

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