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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (8119)12/4/1997 7:11:00 PM
From: P.M.Freedman  Read Replies (1) | Respond to of 21342
 
Do you think LU will bid for WSTL, too, after they take over ASND?



To: SteveG who wrote (8119)12/4/1997 7:20:00 PM
From: g.w. barnard  Read Replies (1) | Respond to of 21342
 
steve g,
if lucent is making a bid then why own livingston? this from press release:

Lucent declined to comment, saying it does not comment on
market rumors or speculation as a company policy.
A Lucent spokesman, however, pointed out that Lucent has
already announced an acquisition in the data networking arena
-- privately held Livingston Enterprises Inc.

gw



To: SteveG who wrote (8119)12/4/1997 9:59:00 PM
From: bill c.  Read Replies (4) | Respond to of 21342
 
SteveG: Lucent has to wait until April to use the pooling of interests accounting method. Lucent purchased Livingston for 650 million in cash to fill their RAS void. $6 billion is expensive for ASND... until later.


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