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


To: DiB who wrote (20877)9/30/2002 11:28:50 AM
From: David Hansen  Respond to of 21876
 
Agreed. Reverse splits do nothing but move a decimal point. The fact that there is more down-sides to many stocks that have done a reverse split is due to the first cause that made the split required... The only minor positive for LU which is rather unique is that LU is a very widely held stock. So much so that there are many people who own only a few shares. LU in the past has offered to waive brokerage fees to anyone looking to sell their shares if they lave less than (I think) 100 shares... This reduces the administrative burden caused by having to administrate and do mailings to so many stockholders. A reverse split may be an opportunity to lessen the numbers of individual stock holders once again...



To: DiB who wrote (20877)9/30/2002 12:59:07 PM
From: Jesica Dawnet  Read Replies (3) | Respond to of 21876
 
LU is clearly NOT a candidate for bankruptcy.
If you really thought this, then you would not even have bothered to waste your time on this thread.
It has clearly been stated by many analyst that LU has enough money for a long time. I don't clearly recall how long, but I believe it was almost 2 years. That is assuming that they do this bad, which they WILL NOT.

Regarding your second point, that pretty much helped my argument, and I do not see what your point was by stating it.



To: DiB who wrote (20877)9/30/2002 1:02:45 PM
From: Jesica Dawnet  Respond to of 21876
 
Also; What if the stock goes above $1 within 15 days, have you planned what to do then.
You never know what can happen, and what news may come out.

Please don't drag me into a conversion about the stock.