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


To: DiB who wrote (17732)2/22/2001 1:00:35 PM
From: shortilong  Read Replies (1) | Respond to of 21876
 
LU must have worked out the loan agreement. Yet,

if they did, why not put out a press release ASAP to try to bolster the sagging share price?
Perhaps, they are working with S&P and Moody's , so that there would be a combination release: LU gets the loan, sees $7B inflow within a month from Agere spin-off, at least $4B inflow from (poetential) sale of Fiber unit, and credit ratings are restored up a few notches.

Good luck to us all S Long