IL Padrino
19 years ago
Merger. LU holders will get 35-40% of the combined stock price.
So, if the price is $18, LU holders will get about $7-8. Hey, I'll take it.
March 31, 2006 03:01:37 (ET)
PARIS, March 31 (Reuters) - A planned merger between France's Alcatel and smaller U.S. rival Lucent Technologies is "95 percent" finalised and the terms could be announced next week, sources close to the matter said on Friday.
Alcatel ((CGEP.PA)) will acquire Lucent without paying a premium. Based on current share prices, Alcatel shareholders will have 60 to 65 percent in the combination and those of Lucent (LU,Trade) the rest.
The group will be based in Paris and incorporated under French law. There will be parity between the two companies on the group's supervisory board with an important number of independent U.S. non-executive directors.
Serge Tchuruk, executive chairman at Alcatel, will be non-executive chairman of the new group but with extended powers. Lucent's Patricia Russo will be the managing director at Alcatel-Lucent with Alcatel's Mike Quigley as number two.
Phil(Hot Rod Chevy)
19 years ago
Don't forget to WAG.!!!
It's free, fun, and you have a chance to win money.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
10 Millionth Post Grub and WAG Prizes
To celebrate our reaching the 10-million post mark, we're going to give away some prizes as a way to thank the community who has made this possible.
The prizes are as follows:
* $1,000 to the person who posts the 10 millionth post.
* $50 each and a Free Annual Subscription to the people who post number 9,999,999 and 10,000,001.
* $250 to the person who comes closest to guessing the exact date and time of the 10 millionth post.
http://www.investorshub.com/boards/board.asp?board_id=1594
Have fun,
Phil
Phil(Hot Rod Chevy)
19 years ago
From the last filing:
General Information
We are asking shareowners to approve a proposal that would grant the Board of Directors the authority to effect a reverse stock split at any of the following three ratios: 1-for-5; 1-for-10; or 1-for-15. At our 2003, 2004 and 2005 annual meetings, shareowners authorized the Board of Directors to effect a reverse stock split at any one of four ratios. The authority granted by shareowners to the Board of Directors at the 2005 annual meeting expires on February 15, 2006. The Board of Directors has not yet effected a reverse stock split at the time this proxy statement was printed because the Board has determined that the timing has not yet been appropriate to effect a reverse stock split in a manner that would be beneficial to the long-term value of Lucent common stock with the least amount of adverse impact on the short-term value. However, the Board of Directors still believes shareowners’ interests will be best served if the Board has the authority and flexibility to effect a reverse stock split.
Accordingly, the Board of Directors has again unanimously adopted a resolution seeking shareowner approval of an amendment to Lucent’s Restated Certificate of Incorporation to effect a reverse stock split of Lucent common stock. If shareowners approve this proposal, the Board of Directors may subsequently effect, in its sole discretion, a reverse stock split based upon any of the following three ratios: 1-for-5; 1-for-10; or 1-for-15. If this amendment is approved by shareowners, the Board of Directors would have the authority to effect a reverse stock split at any of those ratios at any time until February 14, 2007. In addition, notwithstanding approval of this proposal by shareowners, the Board of Directors may determine not to effect, and abandon, a reverse stock split without further action by our shareowners.
IOW,
It hasn't been decided yet.
Have fun,
Phil
ProfitScout
19 years ago
Altert out on PTHO today. Take a look.
----------------------------------------
Subj: Company in the Spotlight
Date: 11/4/2005 6:41:55 A.M. Eastern Standard Time
From: carlisleva4475@aim.com
PTHO to Soar 600 Percent...
$12 Price Target on Huge News and
Record Breaking Contracts.
PTHO rated an “Urgent Buy” for aggressive investors must act quickly to accumulate a substantial position just before earth-shattering news is released that will send shockwaves through the core of the NanoTechnology industry.
Company: PSI-TEC HOLDINGS INC
Symbol: PTHO
Price 1.55
Shares Outstanding: 24 mill
Est Float: 2.6 mill
52 wk H/L : 5.45/.75
Rated: Urgent Buy
Outlook: Soaring Growth
Higher exchange listing anticipated near-term
PTHO Stock Breakout
Technically, PTHO has been trading in a very tight range around the $2.25 level. Increasing levels of broker and investor participation along with upcoming massive exposure will generate astounding upside movement, producing initial gains which could shoot the company back to it's year high of $5.45, then eclipsing this level on the way to double-digit territory.
Company Introduction
PSI-TEC Holdings, Inc. (OTC: PTHO) is an innovative, emerging leader engaged in the scientific development of highly advanced, next-generation Electro-Optic (EO) polymers. Speed, performance, and efficiency of their patented technologies place PTHO at the forefront of NanoTechnology, the world’s fastest growing industry.
Record Sales and Earnings
PTHO scores high marks as one of the very few “pure play” publicly traded NanoTech companies. Given their earning power and exponential revenue growth, standard analyst formulas would peg the stock at 5X to 7X its present valuation, even at a conservative P/E multiple.
PTHO has already received strong interest from leading technology companies in its core target markets of telecommunications, satellite, and aerial guidance / reconnaissance. Given the tremendous impact the Company’s polymers present for these markets, it is not unreasonable to envision a licensing agreement for use of PTHO’s technology that may very well exceed the $100 Million benchmark. We expect PTHO to conclude one or more lucrative licensing arrangements with major corporations over the near to intermediate term.
Escalated sales forecasts share a robust equivalency with the early, dramatic growth rates of Fortune 500 leaders in their heyday. Very seldom do you get perfection, yet this flawless, unknown gem has qualities resembling high- caliber Blue Chips that place it on a level that’s about as close as you can get.
Out of thousands of OTC companies we have reviewed, PTHO is the stock best qualified to earn the designation of Soaring Stock Pick! PTHO has hit its cruising speed, analytically viewed as a Company operating on a higher level. While approaching significant corporate milestones, we’re tuned into the cash-rich results of cascading growth nearly across the board.
Early investors must act quickly to avoid competing for shares as a flood of new buyers will imminently wake up and jump on board, leaving procrastinators to sit around wondering why they didn't buy PTHO when it was really cheap in September.
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information. Stock Marketing Group, LLC was paid $1,000 for this advertisement. As with any company, nothing can ever be guaranteed, we simply give the facts and allow the investor to make a professional decision.
Gd2Aussie3
19 years ago
From 11/1/05 Updated: 06:14 AM EST
Pronto Networks Announces Global Reseller Agreement With Lucent Technologies
PLEASANTON, CA -- (MARKET WIRE) -- 11/01/05 -- Pronto Networks, a leading provider of carrier-class operations support systems (OSS) for managing large-scale, broadband wireless networks, today announced a global reseller agreement with Lucent Technologies (NYSE: LU) to resell Pronto Networks' complete line of products and services. Pronto's products and services enable the rapid and cost-effective deployment of Wi-Fi networks to service providers targeting the enterprise and municipality markets.
Lucent Worldwide Services (LWS) will incorporate Pronto Networks' core products, including its leading UniFi OSS Platform, UniFi Service Controller, and UniFi Service Gateway, as part of its portfolio of Wi-Fi solutions and services targeted at service providers and enterprises worldwide. LWS will also be reselling Pronto's Managed Services, enabling service providers to gain a time to market advantage by providing back-office operations. LWS will provide additional value to customers by providing RF engineering/optimization, installation, integration, and network maintenance services.
"Pronto's products and services fit well into our business model of providing world-class, multi-vendor solutions to service providers across the globe," said Stef van Aarle, vice president of marketing and strategy, Lucent Worldwide Services. "Pronto Networks' OSS-related products enable us to quickly deploy a robust and scalable Wi-Fi network for our customers. It also provides a flexible platform for introducing new applications and converged services."
"This agreement is a win-win for both companies as well as a win for network operators," said Jasbir Singh, president and CEO of Pronto Networks. "Pronto's leading technology, expertly deployed and enhanced by Lucent's top-notch professional services, provide operators a world-class, comprehensive solution.
Pronto Networks' solutions have been deployed by more than 100 network operators and dozens of municipalities worldwide. Pronto's core product, the UniFi OSS Platform, is a flexible, standards-based Operations Support System platform providing critical back-office and service control functions, including user registration, multiple secure authentication options, captive portal customization, subscriber management, flexible pre- and post-paid billing, and remote network management. The UniFi OSS Platform includes modules tailored for the Municipality, Hospitality, Retail and Enterprise segments. Other products include the UniFi Service Controller and Gateway, intelligent, plug-and-play IP network access equipment supporting up to 100 or 2000 concurrent users, respectively. Pronto's Managed Services is a hosted service that allows service providers to outsource all back-office operations so that they can focus on building their core business.
About Pronto Networks
Pronto Networks, based in Pleasanton, Calif., provides a carrier-class Operations Support System (OSS) that enables service providers to rapidly and cost-effectively provision, deploy and manage large-scale, broadband wireless networks. The company's core software product -- UniFi OSS Platform -- handles provisioning, multiple authentication options, subscriber management, captive portal customization, pre-paid and post-paid billing, customer care, remote network management, and roaming settlement. It also serves as a flexible platform for delivering next generation services. Pronto Networks is funded by BV Capital, Draper Fisher Jurvetson and the Intel Communications Fund. Pronto Networks was recently named to the AlwaysOn List of Top 100 Private Companies for the third consecutive year, and in 2003 received Wired Magazine's Top 25 Wi-Fi Companies to Watch and Computerworld's Innovative Technology Awards. For more information about Pronto Networks, visit www.prontonetworks.com.
For more information, please contact:
Kristie Heins Fox for Pronto Networks
Ruder Finn, Inc.
(312) 329-3985
Email Contact
G'day Mates.
Aussie
Gd2Aussie3
19 years ago
This sent the stock South...
Updated: 09:48 AM EST
Lucent Tech Discovers $80 Million Accounting Error In Balance Sheet
WASHINGTON -(Dow Jones)- Lucent Technologies Inc. (LU) disclosed Tuesday that it became aware of an error reported in its fourth-quarter and fiscal year financials last week that will result in an $80 million increase in its pension liabilities and a corresponding reduction in shareowners' equity.
The designer and deliverer of systems, software and services for next- generation communications networks for service providers and enterprises said in a document filed with the Securities and Exchange Commission that the adjustment is the result of an error with preliminary actuarial information used in calculating its pension liabilities as of Sept. 30.
Lucent said it expects a final actuarial report early this month, at which time it will finalize the amount of the adjustment.
The company doesn't expect the adjustment to impact its previously reported results of operations or cash flows for the quarter or fiscal year, according to the filing.
In addition, Lucent lowered its previous estimate for fiscal 2006 income tax expense to $170 million from $200 million as a result of the adjustment.
-By Chad Clinton, Dow Jones Newswires; 202-862-1349; chad.clinton@dowjones.com
(END) Dow Jones Newswires
11-01-050925ET
Copyright (c) 2005 Dow Jones & Company, Inc.
Copyright (C) 2005 Dow Jones & Company, Inc. All Rights Reserved.
2005-11-01 09:25 ET
Copyright (C) 2005 Dow Jones & Company, Inc. All Rights Reserved.
G'day Mates.
Aussie