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Technology Stocks : Lucent Technologies (LU)

LU 2.560

-0.4%

Nov 18 3:59 PM EST

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To: Sawtooth who wrote (3545)	8/7/1998 11:30:00 AM
From: William Hunt	Read Replies (1) of 21876

TIM A.---On SQUAWK BOX this morning --- MARK HAYES ask RICHARD MCGINN CEO if LU could keep up with it's stock price since it was so high . MCGINN responded he thought the stock price was trying to keep up with the growth of the company . Also said any future acquisitions would be based on fundamentals and would add to the bottom line ( be accretive ) . HE also said the pooling of interests with stock being use have not slowed them down as far as a large acquisition for the company . Did say some nice things about ASND but I got the feeling he will not pay a premium for the company BEST WISHES BILL

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