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

To: Georgeb who wrote (15210)	6/20/2000 9:29:00 PM
From: matt dillabough	Respond to of 21876

DJ Lucent's Enterp Networks Files Registration For Spinoff Dow Jones News Service ~ June 20, 2000 ~ 5:37 pm EST (MORE) DOW JONES NEWS 06-20-00 05:36 PM DJ Lucent Sees Enterp Networks Spinoff Complete In 4Q >LU (MORE) DOW JONES NEWS 06-20-00 05:37 PM DJ Lucent/Spinoff Registration -2: Unit Had '99 Rev Of $8B BASKING RIDGE, N.J. (Dow Jones)--Lucent Technologies Inc.'s (LU) Enterprise Networks Group unit filed a registration statement with the Securities and Exchange Commission for its previously announced spinoff. In a press release Tuesday, Lucent said it expects to complete the spinoff by the close of its fourth quarter ended Sept. 30. Enterprise Networks Group, which filed the registration under the name Lucent EN Corp., sells communications systems and software. Lucent announced in March it would spin off the slow-growing unit, which recorded about $8 billion in revenue last year. Lucent had sales of $38.3 billion in the fiscal year ended Sept. 30, 1999. Company Web site: lucent.com -Michael Goodman; Dow Jones Newswires; 201-938-5400 (END) DOW JONES NEWS 06-20-00 06:08 PM