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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: WTSherman who wrote (5506)12/23/1998 6:23:00 PM
From: James Logajan  Read Replies (2) of 8358
 
For all you fans of the phrase "Lucent will acquire X" (where X is your favorite target) there is a small bit of (slightly dated) important news: Lucent will be doubling its authorized shares at its next meeting. See:

www2.edgar-online.com

The primary reason is to authorize enough shares to permit a stock split. But it also allows them to do more acquisitions, as they readily admit. The doubling will be approved in February, but that hardly precludes announcing acquisitions before then.
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