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Technology Stocks : Alcatel-Lucent (ALU) -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (11)	12/13/2006 10:40:56 AM
From: Anonymous	Read Replies (1) \| Respond to of 176

You're correct. I put the decimal point in the wrong place. Sometime after I posted my comment I got to thinking about it. One (1) share certainly didn't sound right to me. I thought I'd check this morning to see if I could post with a correction before anyone saw my mistake but, alas, I spent too much time reading the paper before I got on here ... but let me say thanks anyhow for noticing my error and pointing it out. Goes to prove that people do read my posts and pay attention to what I write. Now my grandchildren will have to fight over 15 shares instead of the 1 that I mistakenlly figured on. Makes it much more worth their while ... but then, who knows what the future holds for the worth of those 15 shares down the road.

To: Sr K who wrote (11)	1/8/2007 1:48:58 AM
From: elmatador	Respond to of 176

Alcatel-Lucent completes Nortel UMTS acquisition Tue Jan 2, 2007 4:59am ET Mr. Tchuruk is Director of Thales and Total; Member of the Board of Directors of the Ecole Polytechnique, Chairman of Alcatel USA Holdings Corp., and... Full Bio PARIS, Jan 2 (Reuters) - Franco-American telecoms gear group Alcatel-Lucent (ALU.PA: Quote, Profile , Research) said on Tuesday it had completed its acquisition of the high-speed UMTS mobile access business from Canada's Nortel (NT.TO: Quote, Profile , Research) (NT.N: Quote, Profile , Research) for $320 million. The acquisition was made to help Alcatel-Lucent achieve greater scale and push into tough markets such as China. After the deal, Alcatel-Lucent said one in four UMTS operators, or about 40 customers worldwide, would use the combined group's UMTS products. Nortel said in September it had decided to sell its high-speed mobile operations to Alcatel because it was losing money and had little prospect of a near-term turnaround. "The pre-integration work has progressed well," Mary Chan, head of Alcatel-Lucent's wireless activities said in a statement. "Our aim is to achieve the optimum combination of Alcatel-Lucent and Nortel's technologies, with minimum customer disruption," Chan added. "We are well positioned to capture the UMTS market growth opportunity."