Bimmerbill
Thinks s/he gets paid by the post
- Joined
- Jan 26, 2006
- Messages
- 1,645
I have some LU stock left over from my days of working at LU. How do I determine if it is worth selling now before it is swapped out by Alcatel due to the merger? Or should I wait?
I bought most of it thru the employee stock purchase program back in 2001-2002 so it is significantly under water. I was hoping LU would hit $10 or $20 one day and I could sell it.
Now they are merging with Alcatel and doing a stock swap, 1 LU for .192 or something.
I bought most of it thru the employee stock purchase program back in 2001-2002 so it is significantly under water. I was hoping LU would hit $10 or $20 one day and I could sell it.
Now they are merging with Alcatel and doing a stock swap, 1 LU for .192 or something.