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

To: OldAIMGuy who wrote (15906)	9/6/2000 2:01:24 PM
From: Jeff Jordan	Read Replies (2) \| Respond to of 21876

Not to sure I like the AVAYA commercial that has been running on CNBC....but atleast we're being primed..... I expect one more shakeout before a decent move up.... Lucent's Avaya Spinoff Names Executives, Adds 3 To Board September 06, 2000 12:57 PM BASKING RIDGE, N.J. -(Dow Jones)- Avaya Inc. named three executives and three board members in preparation for its spinoff from Lucent Technologies Inc. (LU) later this month. Lucent expects to complete the spinoff of Avaya Sept. 30. In a press release Wednesday, Avaya said Rhonda Seegal will serve as vice president and treasurer, John Stevenson will serve as chief information officer and vice president, and Derrick Vializ will serve as vice president of investor relations. Seegal was deputy treasurer of General Electric Co. (GE); Stevenson was most recently vice president of global business services and information management for Bristol-Myers Squibb Co. (BMY); Derrick Vializ was vice president of investor relations for Mony Group Inc. Avaya named Jeffrey A. Harris, Daniel C. Stanzione, and Franklin A. Thomas directors. The company expects to name three more board members in the coming months. Harris is managing director of E.M. Warburg Pincus & Co.; Stanzione is a special adviser to Lucent Technologies Chairman Richard McGinn; Thomas is a consultant to TFF Study Group. Lucent said in June it would spin off its Enterprise Networks Group by Sept. 30, and the new company would be named Avaya. At the time, Lucent named former Nortel Networks Corp. (NT) chief financial officer Donald K. Peterson president and chief executive of Avaya.