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Non-Tech : Invest / LTD
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To: Shelia Jones who wrote (3072)9/18/1998 6:31:00 AM
From: Snowshoe  Read Replies (2) of 14427
 
Shelia, Lucent's (two-year?) limitation on using the "pooling of interest" accounting method for acquisitions is about to expire. When this happens LU will be able to swallow much bigger fish because it can use its stock to buy other companies, instead of cash.

Just got my first demo of a cable modem today. Knew all along it would be awesome, but hadn't realized it will be available here November 1st. Local cable company laying new undersea fiber line south to Seattle, and fiber has been installed along the Alaska RR to Fairbanks. This type of expansion here and in the rest of the country should drive demand for a lot of internet backbone gear.

-Greg
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