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


To: LindyBill who wrote (4087)9/14/1998 11:19:00 PM
From: Gihan Karunaratne  Read Replies (1) | Respond to of 21876
 
The street expects LU to make a deal soon and possibly with ASND as the likely target. This could already be factored into LU stock
which is off 30% from its 52-week high. If LU makes the acquisition it may even be viewed as a positive since LU can compete better with NT.
OTOH, if LU makes a dumb deal or pays too much there could be more downside.