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

To: Anonymous who wrote (7123)	4/9/1999 8:57:00 AM
From: KYA27	Respond to of 21876

INCREASED STORAGE DENSITY Lucent and Siros Technologies announced a multimillion-dollar alliance for developing new kinds of optical disk technologies capable of delivering a 10-fold increase in data storage density over today's magnetic disk drives. Siros will acquire from Lucent exclusive rights to certain optical storage intellectual property, as well as cash and lab equipment. Lucent will receive an undisclosed equity stake in Siros and a seat on its board of directors. [La Razon (Argentina) [Buenos Aires Economico (Argentina), 4/7] A FIRST IN CORDOBA With the objective of being closer to clients in the region and adequately meeting their needs, Lucent inaugurated the first cellular laboratory in Cordoba, Argentina, with an investment that exceeds $2 million. CTI, the cellular telephone operator, presented its network for the interior of the country with an investment of $35 million, which is based on CDMA. The service, to be launched this week, is called Total PCS Plus. The equipment is being supplied by Lucent [Wired, 5/99] BANDWIDTH BREAKTHROUGH These days cell phones are getting dirt cheap, and everyone is going mobile. But each new phone needs its own piece of the radio spectrum pie, and right now there are only so many slices. The trick, says Bell Labs scientist Reinaldo Valenzuela, is for many callers to share a single frequency. Valenzuela's team developed Bell Labs Layered Space-Time (BLAST). BLAST will let companies with a fixed allotment of bandwidth multiply the number of customers they serve or offer customers a higher bit rate. Valenzuela's team is attempting to shrink the antenna array to fit in mobile handsets. Then he expects BLAST to be snapped up by cellcos like Sprint and AT&T, since it could increase their bandwidth capacity tenfold overnight. [Financial Times (London), 4/7] CONNECTING TO THE NETWORK Sun Microsystems recently unveiled its Java-based Jini technology, which will allow large numbers of digital electronic devices, not just PCs, to be easily connected to networks. Jini faces competition from Microsoft's Universal Plug and Play technology and Lucent's Inferno technology. Microsoft's Universal Plug and Play is clearly aimed at Jini and it offers similar features and benefits. Lucent recently introduced InfernoSpace, a platform-independent technology that, unlike Jini, does not require support for Java or Java virtual machine. Devices using InfernoSpaces can be easily connected to networks and share their resources with other network resources. "Inferno's vision is to become the distributed operating system solution for the net-centric era," says Mike Skarzynski, president of Inferno. "By offering InfernoSpaces to as many software developers as possible, we hope to bring this successful Bell Labs innovation to the attention of device and equipment manufacturers."

To: Anonymous who wrote (7123)	4/9/1999 10:34:00 AM
From: Jim S	Read Replies (1) \| Respond to of 21876

Annon-- Option prices are indicated as 'per share' price premiums on 100 share contracts. So, $0.62 would be .62 x 100 = $62 per contract. If sold at $9, each contract would be worth $900. Profit would be 900 - 62, or $838. Pretty fair ROI, huh?

To: Anonymous who wrote (7123)	4/9/1999 12:02:00 PM
From: freeus	Read Replies (1) \| Respond to of 21876

Jill's answer to you is exactly correct: The $9.50 I paid for these options originally actually amounted to $950 a contract for "controlling 100 shares". It went all the way down to $62 a contract and I was disgusted but thought "what the heck" and almost doubled up (forgot I had 5 not 4) . When Lu split and these options split, my buy in became $4.75 (or $475 a contract for a strike price of 60, and on the more recent buys, $31 for the 60 strike price. ) Soon as Lu rose past 60 I had a nice profit and my friend had an amazing profit! Freeus