Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Softechie who wrote (17846)	3/18/2001 7:54:23 PM
From: blankmind	Read Replies (1) \| Respond to of 21876

- in going over the agere spinoff: „h 500 mill shs; but 200 mill from Lucent, w/ the proceeds going to pay off the $2.5 bill of debt to morg stan „h Agere had $4.7 bill in rev in 2000, w/ $76 mill in losses „h . . . carries data & voice over optical lines . . . „h the 500 mill sh ipo s/ take place by 3/31/01; with the remaining 835 mill class B Agere shares held by Lucent spun off to Lucent shareholders by 9/30/01, „h Since there's a little under 4 bill Luc shs o/s, I think every 5 shs of Luc w/ get 1 share of Agere „h symbol: AGR