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


To: Softechie who wrote (17810)3/16/2001 2:48:16 PM
From: GVTucker  Read Replies (2) | Respond to of 21876
 
The mutual funds have Morgan Stanley backed up against a corner with Agere.

They know that Morgan Stanley HAS to price this thing. And so they're going to beat the crap out of them until they can be assured of getting out whole.

Fidelity is trying to get the issue priced at $6. I bet it comes closer to $6 than $10.