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


To: DownSouth who wrote (5428)1/8/1999 11:04:00 AM
From: Rainy_Day_Woman  Respond to of 21876
 
Thursday January 7, 12:29 pm Eastern Time

Cincinnati Bell reaches contract w/Lucent

CINCINNATI, Jan 7 (Reuters) - Cincinnati Bell Supply Co. said Thursday it has reached a three-year contract with Lucent Technologies (NYSE:LU - news) to refurbish and sell Lucent telecommunications equipment.

Early in 1998, Lucent selected Cincinnati Bell Supply as one of two companies to participate in the development and trial of a remarketing program that would better serve the needs of Lucent customers.

Cincinnati Bell Supply, a subsidiary of Cincinnati Bell Inc. (NYSE:CSN - news), remarkets Lucent equipment.

Cincinnati Bell Inc shares were up 7/16 at 19-5/16 and Lucent shares were off 13/16 at 116-3/8 on Thursday.