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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (18119)1/11/1999 9:26:00 AM
From: DMaA  Read Replies (2) | Respond to of 22053
 
LU on a buying rampage -7:16 [LU] LUCENT TO ACQUIRE KENAN SYSTEMS FOR $1.48 BILLION IN STOCK.

And it's just begun - WSJ:

The pooling-of-interests transaction is one of the first for Lucent since accounting restrictions dating to its spin off from AT&T Corp. were lifted on Oct. 1, 1998. The restrictions prohibited Lucent from accounting for deals on a pooling-of-interests basis, making some stock-swap deals more expensive. Some analysts believe Lucent is poised to begin a buying spree