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


To: lkj who wrote (6254)2/15/1999 9:08:00 AM
From: Eman03  Read Replies (1) | Respond to of 21876
 
lkj,
<<LU - 2/1 Stock Split - Feb 17
Is this a prediction or fact?>>
I'll take a shot at this. It is a prediction...LU's annual meeting is on Wednesday, and there are predictions out there that they will announce a split. On this year's proxy voting, there was a request to increase the number of approved outstanding shares. LU currently doesn't have enough for a 2-1 split, but on 2/17 if the measure passes (which it probably will), they will have enough and the conjecture is that they will announce a 2-1 split. I happen to agree with this prediction, but it is only a prediction, not a fact. You'll know on Wednesday.

Evan