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

To: Anonymous who wrote (13493)	2/12/2000 10:59:00 AM
From: Ridi J	Respond to of 21876

We're all still musing the ramifications of Lucent's 10-Q quarterly just published where it states: "...Lucent announced an agreement to acquire privately-held Agere, Inc., an Austin, Texas-based developer of programmable network processor technology, for about 8 million shares of Lucent's common stock. Based on Lucent's closing share price on January 19, 2000, the transaction would be worth approximately $415. Lucent expects to account for the acquisition under the purchase method of accounting..." They could account for that acquisition out of spare change in the sofa cushions... :-)