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

To: pass pass who wrote (1083)	12/5/1997 6:49:00 AM
From: bill c.	Read Replies (2) \| Respond to of 21876

pass pass: First, it's not Oct. 1998, but April 1998. Until Lucent is 2 years old, they can't use a tax free accounting method called "pooling-of-interests" to purchase a company with it's stock. Lucent could purchase a $10 billion company today with their stock, but they couldn't write it off as "pooling-of-interests". Lucent's first two purchases, Octel and a small ATM company were purchased with cash... until later.

To: pass pass who wrote (1083)	12/5/1997 7:39:00 AM
From: chirodoc	Respond to of 21876

<<<<ÿ"There have been a number of rumors going around about Lucent, Nortel [Northern Telecom] and Bay Networks [Inc.]," Ashby said. ÿ ÿ ÿ ÿ"All three have been rumored to be close to a deal with Ascend. But we don't comment on any specific rumors," he added. ÿ ÿ ÿ ÿAshby also said that Ascend is not seeking any suitors. But he declined to say if any unsolicited offers have been presented. He added that Ascend has not hired an investment banker to advise it on any matters, although it maintains regular relations with bankers.