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


To: sylvester80 who wrote (20711)8/26/2002 5:36:13 PM
From: kvkkc1  Respond to of 21876
 
Just curious. Did the company loan them the money to make the purchases? I wouldn't trust LU officers for anything.



To: sylvester80 who wrote (20711)8/26/2002 6:21:00 PM
From: John Carragher  Respond to of 21876
 
The embattled networking sector saw something
unusual on Monday; executives buying their own
company's stock

Lucent Technologies (LU: news, chart, profile)
rose 37 cents, or 25 percent, to close at $1.87
after a Securities and Exchange Commission
filing on Monday showed that company chairman
Henry Schacht bought 1 million shares of stock
in the telecommunications equipment maker
earlier this month for $1.43. A separate SEC
filing showed that the husband of Lucent CEO
Patricia Russo bought 350,000 shares of Lucent
stock for $1.42 and $1.43 a share.



To: sylvester80 who wrote (20711)8/26/2002 11:11:23 PM
From: elmatador  Read Replies (1) | Respond to of 21876
 
US CEO's being who they are (Enron/WCOM et al), this is not exactly good news!

They are trying to extract as much as possible before the fall.