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


To: Ibexx who wrote (1257)1/20/1998 8:38:00 PM
From: squeakywallet  Read Replies (2) | Respond to of 21876
 
Thread....LU buyout rumors of Level One Communications....

LEVL reported good earnings again today. I live in the Sacramento area and have been hearing rumors for the past week that LU is negotiating to buy out Level One at $55 per share. Can anybody verify?



To: Ibexx who wrote (1257)1/21/1998 8:43:00 AM
From: Mark Palmberg  Respond to of 21876
 
Hey, Ibexx, you like block trades? Come on over to the AAPL thread. We've had a 2.3 million share trade and a 900,000 share trade in the last month or so. BOTH BUYS! (of course these buys were made under $20, not exactly in LU's league, but still exciting).

On topic, I was very happy to see some tangible mention of LU's patents contributing to their earnings in this latest press release. I think the long term benefit of patents can be a diffuse concept for many novice investors (like me).

Good luck to us all (not that we need it with LU).

Mark
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