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Technology Stocks : Lucent Technologies (LU)
LU 2.6450.0%Dec 24 12:59 PM EST

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To: Kenneth E. Phillipps who wrote (5466)1/11/1999 11:58:00 AM
From: Mark Palmberg  Read Replies (2) of 21876
 
I think LU's size gives them a little flexibility when it comes to time. I doubt LU is sweating the Nortel deal too much.

As far as the price difference between Bay and Ascend, well, just because one thing is less expensive as another doesn't mean it's a better deal. I'm sure Lucent has done A LOT of DD on this deal; they're not going to get ripped off.

Mark
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