Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.820

-0.5%

Nov 6 3:59 PM EST

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To: Rainy_Day_Woman who wrote (5357)	1/5/1999 12:42:00 PM
From: Howard Cragg	Read Replies (1) of 21876

Good news! I just got LU's proxy statement and one of the proposals is to increase the amount of common stock. Usually this means a stock split. The management says, "The current number of authorized Common Shares that are not outstanding or reserved is not sufficient to complete another 2-for-1 stock split." I would take that as a strong hint.

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