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

To: William Hunt who wrote (6245)	2/13/1999 10:15:00 AM
From: Jack Wright	Read Replies (2) \| Respond to of 21876

LU - 2/1 Stock Split - Feb 17 It will be announced in the annual shareholders mtg

To: William Hunt who wrote (6245)	2/14/1999 1:31:00 PM
From: elmatador	Respond to of 21876

I'm in doubt now. I thought the bids were already submitted and they were already subject to evaluation. I can be wrong. Let me check this again and I come back to you on that. Interesting thing is that for TEP 7 former Secretary of Commerce Brown -his plane crashed in Yugoslavia and he died- was in Saudi during the bid's evaluation. He brought a letter from Bill Clinton and that persuaded King Fahd to award the contract to Lucent -then AT&T in 1994. What is bugging me is this visit ot the Secretary of Energy paid to Kingdom a few days ago. Maybe he brought another letter.

To: William Hunt who wrote (6245)	2/15/1999 12:24:00 PM
From: elmatador	Respond to of 21876

Regarding Saudi: On 1999-01-18, bidders for the telephone expansion project 8 (TEP-8) have been requested by Saudi Telecommunications Company (STC) to submit new prices by 15 February. Six international firms submitted offers for the scheme in late November. Tha's why I thought the evaluation had been completed. The bidders are Sweden's Ericsson, Germany's Siemens, France's Alcatel, Canada's Nortel, the US' Lucent Technologies and NEC of Japan. It is not clear whether all six firms will resubmit bids. STC has not given an explanation for the resubmission of bids. However, since the six prequalified firms were only given a month to prepare offers in November, many of the bids submitted may well have been incomplete. STC had rejected requests for an extension of the closing date.