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![]() Lucent Technologies (LU) (Page 8)
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| Author | Topic: Lucent Technologies (LU) |
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diligence |
Shares of Lucent advanced 7.3% Wednesday (12/23) following news that the company is trying to double its authorized shares, spurring investor expectation of a stock split, according to a market source. Lucent, which authorized a stock split in 1998, said the increased shares would simply give it the flexibility to split its stock but that it hasn't declared a stock split. Analysts surveyed by First Call project an estimate of $2.52 per share for the year 2000, vs. a projection of $2.09 for fiscal 1999, which ends next September. |
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Scott McCormick |
Don’t know about Analog Devices, but check out the Ascend board, they’re discussing the ongoing rumor of an acquisition by Lucent. |
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newsman |
Must they be mutually exclusive deals? Could LU buy them both? |
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Jerry Mander |
I heard a rumor that LU was considering acquiring Analog Devices rather than Ascend. Opinions? |
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Scott McCormick |
Brief interview with Lucent CEO: http://www.techweb.com/se/directlink.cgi?INW19981116S0027 |
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Mayor of Investorville Administrator |
Lucent Technologies is one of the world's leading designers, developers and manufacturers of communications systems, software and products. The Company is a global leader in the sale of public communications systems, and is a supplier of systems or software to most of the world's largest network operators. The Company is also a global leader in the sale of business communications systems and in the sale of microelectronic components for communications applications to manufacturers of communications systems and computers. The Company's research and development activities are conducted through Bell Laboratories, one of the world's foremost industrial research and development organizations. (source: annual report) For detailed research on this stock, visit http://www.investorguide.com/cgi-bin/research.cgi?name=LU |
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