SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (13241)2/4/2000 12:48:00 PM
From: Mighty Mizzou  Read Replies (1) | Respond to of 21876
 
You bet your booty, my friend! Bandwidth is the keyword of the millenium and nothing provides more bandwidth in the most efficient mode than fiber. What is exciting is how the utilities are jumping on the fiber bandwagon. I look at it as a whole new market. Screw the incumbent carriers, put a little heat on them and the whole fiber sector will EXPLODE!

You got the old guys, T, MCI, WCOM, FON. Plus your Williams, LVLT, PSIX, GBLX. Now we have all kinds of power utilities jumping into this mess.

The possibilities blow my mind.

GO LU! (Not a bad day eh?)



To: Techplayer who wrote (13241)2/4/2000 12:56:00 PM
From: Mighty Mizzou  Read Replies (1) | Respond to of 21876
 
Looks like LU is VERY serious about growing it's microelectronics division. Perhaps diversifying it's chip portfolio would preclude a spin-off or tracking option?

Lucent to buy chip parts supplier VTC assets
for $100 mln

ALLENTOWN, Pa., Feb 4 (Reuters) - Telecommunications equipment maker
Lucent Technologies Inc. (NYSE:LU - news) said on Friday it had agreed to buy
several assets of chip parts supplier VTC Inc. for $100 million.

The company said its Microelectronics Group had agreed to acquire VTC's products and its design, marketing
and sales teams. Privately held VTC supplies semiconductor components to computer hard disk drive
manufacturers.

VTC, based in Bloomington, Minn., also could get up to $50 million more over two years, based on the
company meeting manufacturing goals.

``With this acquisition, Lucent is well positioned to provide a complete line of chips to the fast-growing data
storage market,' the statement said.

Hard disk drives store data in desktop personal computers, corporate workstations and servers that provide
information and services over the Internet.

Lucent shares were up 15/16 at 57-5/8.