Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.710

-1.3%

1:35 PM EST

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To: Ken who wrote (5597)	1/18/1999 3:28:00 PM
From: RavBruce	Read Replies (1) of 21876

Without checking, the Ascend shares come from the roughly 1.7billion shares remaining. LU is always making small stock deals (and the occasional Ascend). It needs lots of shares to do the deals. Also, there are a large number of options outstanding (probably more than a few million but I didn't check.) They need the flexability. Until they issue the shares, nothing changes. They just need share- holder approval. Bruce

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