Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: MJ Brouillette who wrote (5959)	5/19/1998 10:42:00 AM
From: Curtis E. Bemis	Respond to of 6980

Consent decree and Judge Green--and Breakup of ATT into the seven horsemen and spin-off of BellLabs.

To: MJ Brouillette who wrote (5959)	5/19/1998 11:44:00 AM
From: Bosco	Read Replies (2) \| Respond to of 6980

Dear Mike - LU can acquire anyone at any time if it chooses to; however, as a spinoff of T, it cannot do a pool-of-interest acquisition, which has significant tax benefits, for 2 years upon the commencement of the spinoff. While LU stock has been traded since summer of 96, the spinoff occurred in Oct 96. Therefore, no pool-of-interest is allowed until Oct 98. As you may well aware, LU has spent a significant amount to get OCTL, with smaller deals like Aware, Livington and Yurie. To swallow something bigger may have to wait until Oct when it can also maximize the tax benefits. Hope this help rgds Bosco