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

To: GVTucker who wrote (20153)	5/28/2002 6:21:11 PM
From: DiB	Read Replies (1) \| Respond to of 21876

Yep, my bad. I should have found this before posting... " When Issued Trading There will be a transitional “when issued” trading period which is expected to occur from May 14 through May 31. Agere’s Class A common stock already trades on the New York Stock Exchange under the symbol AGR.A. Starting June 3, Agere’s Class B common stock will trade on the New York Stock Exchange under the symbol AGR.B. Until then, there will be an interim period, called the “when issued” period, when five securities will be traded in various forms for both Lucent and Agere. The “when issued” period is a time in which conditional transactions in a security are authorized for issuance but are not yet issued. All “when issued” transactions are on a conditional basis and are settled when the final security is issued. The following securities will be tradable during the “when issued” period: LU: This reflects Lucent as it is traded today, which includes the value of the Agere shares to be distributed June 1. When someone buys LU during “when issued” trading, they will receive a Lucent share and a “due bill” for Agere shares, which will be distributed after the spin. AGR.A: This reflects regular Agere shares, as they are traded today. LUwi: This represents Lucent “when issued.” This is Lucent, ex-Agere. The LUwi price will reflect an offset for the value of the Agere shares to be distributed on June 1. AGR.Bwi: This represents “when issued” Agere B shares. These are the 908.1 million Agere B shares that Lucent currently holds and which will be distributed at the spin. AGR.Awi: This represents “when issued” Agere A shares. These are the 37 million Agere A shares that Lucent currently holds, which will be distributed at the spin. "