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


To: Stephen M. DeMoss who wrote (5535)1/13/1999 9:39:00 PM
From: Ibexx  Respond to of 21876
 
Stephen,

Shortly after the announcement of AOL/NSCP, the stock price of AOL took a beating, and it only started to recover after the uncertainties involved in this deal were largely clarified.

My guess--and that of my broker's as well--is that some big boyz would prefer to wait until everything became transparent. In a deal like this, the complexity of benefits/risk analysis involves many non-tangible items which became increasingly clear with time. The bean counters could only figure out the obvious.

Ibexx