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Technology Stocks : Lucent Technologies (LU)
LU 2.640-2.9%Jan 9 9:30 AM EST

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To: Calvin who wrote (5682)1/21/1999 11:09:00 AM
From: Doug  Read Replies (1) of 21876
 
Calvin: LU has taken over ASND. Put the 2 Companies together and you will get a better appreciation where LU is going. Going forward the earnings are going to be heavily diluted and less/share than before. Based on my experience, LU will on completion of take over announce massive layoffs and re-engineering to get the earnings growth atleast 15% above where they are now.

Till the take over is complete, there is a window of opportunity for Investors to protect their current valuations. It is likely that LU will be available much lower just after the take over.
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