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Non-Tech : 1000% returns are cool !!! -- Ignore unavailable to you. Want to Upgrade?

To: rocket_no9 who wrote (47)	6/1/2000 9:48:00 AM
From: johnsto1	Respond to of 3326

2nd optic post with all optic buyouts and ipo's ONIS priced today/CHLO next week *POCI looks real cheap,bought 1k at 9,small float biz.yahoo.com June 1, 2000 Lucent Agrees to Buy Chromatis, Will Forge Alliance With IBM By a WALL STREET JOURNAL Staff Reporter MURRAY HILL, N.J. -- Lucent Technologies Inc. said it will acquire optical-networking firm Chromatis Networks Inc. for about $4.5 billion in stock and said it formed an alliance with International Business Machines Corp. Lucent, the world's largest telecommunications-equipment manufacturer, said it will buy privately held Chromatis (www.chromatis.com) for about 78 million shares of Lucent stock. Chromatis, Herndon, Va., may get an additional 2.5 million Lucent shares if it meets certain goals, Lucent officials said. In 4 p.m. New York Stock Exchange composite trading Wednesday, Lucent fell 73.75 cents to $57.25. Lucent Is in Talks to Acquire Chromatis for $5 Billion in Stock (May 30) Company profile: Lucent Technologies Company profile: International Business Machines Chromatis makes a product called Metropolis, which lets service providers route traffic across optical networks in dense, urban areas. The product is in trials with Qwest Communications Inc. and will be commercially available this summer. Officials at Lucent said the acquisition will dilute earnings by about two cents a share in fiscal 2000 and about five cents a share in fiscal 2001. Harry Bosco, president of Lucent's optical-networking group, said Lucent should see revenue in the "several hundreds of millions" of dollars from Metropolis, including some this year. Meanwhile, Lucent also said it formed an alliance with the global services unit of IBM to develop, design and manage next-generation networks for service providers. The companies plan to help customers design data centers, integrate services such as Web hosting into their networks and alleviate traffic jams on their networks.