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


To: Maher Sid-Ahmed who wrote (17638)2/14/2001 2:49:16 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 21876
 
good!...I can't afford to sell....there's always a tax loss no matter how bad it gets!



To: Maher Sid-Ahmed who wrote (17638)2/17/2001 10:37:17 AM
From: Dave  Read Replies (1) | Respond to of 21876
 
Maher,

Lucent has a little over 3.8B in cash, however from their last statement of Cash Flows, CFO was (1.1B), Cash flows from investing activities was 1.91B and Cash flow from financing activities was 1.57B.

Therefore, Lucent increased cash not from Operations, but from both investing activities and financing by selling business and from their short term borrowings...



To: Maher Sid-Ahmed who wrote (17638)2/18/2001 5:38:01 PM
From: blankmind  Read Replies (1) | Respond to of 21876
 
Maher - you nailed it right on the head - none of the so-called experts who told us to load up on e-toys at $80+ seems to care about the agere proceeds:

"Lucent has ~$4 billion in cash and they will receive another $2.5 billion when they sell Agere Systems. They have short term debt of $5 billion and long term debt of $3.1 billion. This is not a company about to go bankrupt by any means."



To: Maher Sid-Ahmed who wrote (17638)2/18/2001 5:50:49 PM
From: blankmind  Respond to of 21876
 
Maher - I think you may be off a bit on how much Lucent will get from the Agere ipo.

- Per this article, it's $7.4 bill; not the $2.5 bill - but am I missing something? thanks

"Morgan Stanley has agreed to take on the debt, then exchange it for shares as part of Lucent's planned $7.4 billion Agere IPO, which will be the second-largest IPO ever in the U.S. The investment bank was also awarded the sole lead underwriting position on the sale."