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Technology Stocks : Lucent Technologies (LU)

LU 2.370

-2.5%

3:59 PM EST

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To: Rainy_Day_Woman who wrote (5248)	12/21/1998 4:33:00 PM
From: Mark Palmberg	Read Replies (1) of 21876

Last I heard the latest proxy materials from LU were going to deal with an authorization for additional shares. I recall February being mentioned as the date for this mailing. Remember, they announced the last split at $92; we're $10 over that now. It makes sense that LU would execute a split and then count on a quick run-up in share price, which would put them in an even better position merger-wise. I wonder, actually, if LU would have to figure a split into their projections for a merger/acquisition? Interesting. Mark

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