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Re: extelecom post# 36427

Friday, 10/18/2002 9:46:25 AM

Friday, October 18, 2002 9:46:25 AM

Post# of 704041
Lucent to Seek Shareholder Approval of Reverse Stock Split
By Bob Kuzbyt

Murray Hill, New Jersey, Oct. 18 (Bloomberg) -- Lucent Technologies Inc. will seek shareholder approval for a reverse stock split.

The ratio will be set by the company's board at a level that is expected to be in a common share price in the range of $15 to $25 each, Lucent said in a statement distributed by PR Newswire.




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