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


To: Jim Rokosh who wrote (4857)10/28/1998 7:17:00 PM
From: Haim R. Branisteanu  Respond to of 21876
 
Nope, the US taxpayer will pay for Lucent win in Brazil, trough the EXIM Bank who will finance all LU exports to Brazil. <ggg>

They just established about $2 billion in credit lines for Brazil, that is why Lucent won the project not because it's superior equipment but because EXIM is delivering the money collected from us taxpayers as a credit line to Brazil to pay Lucent <ggg>

If not for the EXIM Bank the bid would have gone to ERICY and NT.

BWDIK

Haim