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

To: Doug who wrote (5717)	1/21/1999 2:32:00 PM
From: William Hunt	Read Replies (1) \| Respond to of 21876

DOUG --- How can there be a lot of restructuring or layoffs since ASND and LU do not overlap that much + ASND only has 3000 employees --- Maybe I am missing something ? Thanks for your response BEST WISHES BILL

To: Doug who wrote (5717)	1/21/1999 5:43:00 PM
From: Michael Bunkahle	Read Replies (3) \| Respond to of 21876

Re: LU: Shares 1320m ; Rev/q= $9204m ; Income=$1414m ASND: Shares 305m ; Rev/q=$475m ; Income=$69.8m New LU: Shares 1625m; Rev/q=$9675m; Income=$1484m Hate to tell you, but your math seems flawed ... LU is exchanging 0.825 LU for 1 ASND, not 1 for 1. So there won't be 1625 new LU shares. Most analysts seems to think the merger will be non dilutive to slightly accretive. (But then again, what do they now <g>) Regards, Michael