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


To: DiB who wrote (18538)8/1/2001 8:08:03 PM
From: Dave  Read Replies (1) | Respond to of 21876
 
DiB,

I meant annual interest expense and current preferred dividends....

If they sold 1.75B of pf stock yielding 8% dividends will be 1.75B*.08, or 140M/year

Lucent's quarterly interest expense is 115M....

Therefore 140M + 115*4 = 600M