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

To: Warren Gates who wrote (5495)1/12/1999 11:51:00 PM
From: Marc Hyman  Read Replies (2) | Respond to of 21876
 
From sjmercury.com

Lucent board OKs deal to buy Ascend

New York Times

Lucent Technologies is expected to announce Wednesday that it is acquiring Ascend Communications Inc., the data networking company, in a deal valued at about $19.3 billion, people close to the talks said.
...
As part of the deal, Ascend stockholders will receive 0.825 share of Lucent for each of their shares.

// marc



To: Warren Gates who wrote (5495)1/13/1999 9:30:00 AM
From: Diamond Jim  Respond to of 21876
 
I don't think $89 is built in, anyway with futures at down 27 it does not matter.

jim


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