Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Land Shark who wrote (6918)	3/30/1999 5:31:00 PM
From: Vendit™	Respond to of 21876

yields let us not forget some things here. LU just landed a 1BB contract with T. LU splits in a few days. ASND deal yet to materialize but will. Most importantly.......the market dragged most everything down with it except a few. My optimism has not changed from Sunday. This stock still looks very strong technically as well as fundamentally. Vendit

To: Land Shark who wrote (6918)	3/30/1999 6:04:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 21876

Lucent news - not sure if it has been posted already: ____ Lucent in $260 mln deal for Israeli start-up (Adds other companies competed) JERUSALEM, March 30 (Reuters) - Lucent Technologies Inc LU.N has signed a deal to buy Israeli start up Libit Signal Processing for $260 million, an investor in Libit said on Tuesday. "There is an agreement in principle and the deal should be closed within 30 days," Zeev Holtzman, chief executive of Giza Ltd., which owns seven percent of Libit, told Reuters. Libit, a five-year old company based in Herzliya, designs and manufactures silicon solutions for the broadband access market. Holtzman said three leading U.S. technology companies had been bidding to buy Libit, but declined to disclose their names. He said the decision was based on what management viewed as the "best business match." Israeli media reported that Libit would be able to help Lucent compete in the field of cable network communications modems. Libit raised $6 million in June based on a company valuation of $74 million, Israeli papers said. Other investors in Libit include Israel's Discount Investment Corp DISI.TA, Intel Corp INTC.O and GE Capital, a unit General Electric Corp GE.N. REUTERS Rtr 14:16 03-30-99 ______ Ibexx