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

To: donjuan_demarco who wrote (15765)8/14/2000 12:43:14 PM
From: Georgeb  Read Replies (1) | Respond to of 21876
 
No one has given me a good explanation, but as I understand it, the shares would start trading publicly on or before March 30th. Any current LU shareholder would have Avaya shares to trade.

One could hold on to them if you feel the LU assigned initial valuation is good, or dump them on the open market on the first day they trade at whatever the market thinks they are worth.

Check with your broker to confirm this.



To: donjuan_demarco who wrote (15765)8/14/2000 1:03:48 PM
From: David Hansen  Read Replies (1) | Respond to of 21876
 
>Re Avaya spinoff --- if there is no IPO, and all shares will go to current shareholders, what the hell are the LU shareholders supposed to
>do with their Avaya shares?

Sell them! ;-)


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