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


To: Curtis E. Bemis who wrote (6482)2/28/1999 2:56:00 PM
From: X Y Zebra  Respond to of 21876
 
From the previous news :

....But he does offer general reasons for why some deals -- at Cisco or elsewhere -- don't work. ''It comes down to different things,'' he says. ''A business unit leader who wanted to do a deal and got emotional about it, and we did the deal for probably not the best reasons. Or we didn't adequately handle the people issue.''.....

.....Why do the deal if Ascend's purpose back in January 1998 was to go it alone? ''I always said if someone came to us with a big enough check, we'd listen,'' Fehrnstrom explained. ''The Lucent deal, executed flawlessly, offered high rewards. And the risks weren't nearly as high.''

Hmm... I like it, someone who understands the relationship between risk and rewards, and recognizes that airy emotions get in the way...

I like it. Another smart competitor in the Lucy team.... at least for now...




To: Curtis E. Bemis who wrote (6482)2/28/1999 4:18:00 PM
From: David C. Burns  Respond to of 21876
 
Here is a sobering, although extremely humorous, view of mergers by the master:

Message 8011471