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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Anonymous who wrote (10428)	10/20/1999 5:16:00 PM
From: Maverick	Respond to of 21876

16.7M shares was for Nexabit&Kenan acq. this was already known during the definitive agreement. No proceeds to LU. October 20, 1999 14:02 LUCENT TECHNOLOGIES INC files for common stock offer. Excerpted from S-3 filed on 10/20 by LUCENT TECHNOLOGIES INC: LUCENT TECHNOLOGIES INC files for common stock offer. SUBJECT TO COMPLETION DATED OCTOBER 20, 1999 PROSPECTUS 16,771,596 SHARES LUCENT TECHNOLOGIES INC. COMMON STOCK The 16,771,596 shares of our common stock offered by this prospectus were originally issued by us in connection with our acquisition of Nexabit Networks, Inc. and Kenan Systems Corporation. All the shares of our common stock offered by this prospectus may be sold from time to time by or on behalf of certain Lucent securityholders. See "Selling Securityholders" and "Plan of Distribution." The shares were originally issued in private offerings made in reliance on Regulation D and/or Section 4(2) of the Securities Act of 1933. In connection with the acquisition of Nexabit and Kenan, we have agreed to register the shares of our common stock offered by this prospectus. We will not receive any of the proceeds from the sale of the shares by the selling securityholders. The selling securityholders may sell all or a portion of the shares from time to time on the New York Stock Exchange, in negotiated transactions or otherwise, and at prices which will be determined by the prevailing market price for the shares or in negotiated transactions. Lucent's common stock is quoted on the New York Stock Exchange under the symbol "LU." On October 19, 1999, the last sale price of Lucent's common stock as reported on the New York Stock Exchange was $57 5/16. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. The date of this prospectus is October , 1999 (End of Item Excerpt) THE COMPANY Lucent designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Lucent is a global leader in the sale of public communications systems, and is a supplier of systems or software to most of the world's largest network operators. Lucent is also a global leader in the sale of business communications systems and in the sale of microelectronic components for communications applications to manufacturers of communications systems and computers. Lucent conducts its research and development activities through Bell Laboratories, one of the world's foremost industrial research and development organizations. The principal executive offices of Lucent are located at 600 Mountain Avenue, Murray Hill, New Jersey 07974 and its telephone number at that location is (908) 582-8500. (End of Item Excerpt) USE OF PROCEEDS Lucent will not receive any proceeds from the sale of the shares by the selling securityholders. LEGAL MATTERS The legality of Lucent common stock offered by this prospectus will be passed upon for Lucent by Pamela F. Craven, Vice President--Law and Secretary, of Lucent. As of October 18, 1999, Pamela F. Craven owned 1,096 shares of Lucent common stock and options and stock units for 282,400 shares of Lucent common stock. EXPERTS The financial statements incorporated in this prospectus by reference in Exhibit 99.1 to Lucent's Current Report on Form 8-K dated August 2, 1999, have been so incorporated in reliance on the report of PricewaterhouseCoopers LLP, independent accountants, given on the authority of said firm as experts in auditing and accounting.