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: Tech Bull who wrote (15443)7/20/2000 6:29:09 PM
From: Georgeb  Respond to of 21876
 
The Avaya spinoff has no IPO associated with it. All LU shareholders get stock in the new company as a tax free distribution.

The Microelectronics spinoff has an IPO by next March of up to 20% of the stock. The spinoff is completed by the end of the summer as a tax-free distribution to all LU stockholders.