$42
Per AVAYA Investor Relations, the price of AVAYA on September 29, 2000 was $22.94. The distribution ratio was 1 new AVAYA share for 12 LUCENT TECHNOLOGIES shares owned or .083333333. The AVAYA spin-off information is also available at the Investor Relations section of the ALCATEL-LUCENT web site.
Lucent Technologies, which was an offshoot of AT&T was the company which manufactured communications technological products. The company began struggling financially in 2000, and the sold off various divisions maintaining its operations in switching and networking. In 2003, what was left of the company merged with Alcatel.
Avaya was created in 2000 as an offshoot of Lucent Technologies. It has been available for consumer use since March of 2000.
Avaya was spun off from Lucent Technologies on September 30, 2000. Lucent and Avaya now are two completely independent, publicly owned companies. Avaya didn't exist in 1998. It was just the phone equipment division within Lucent Technologies. So the market value in 1998 is listed under Lucent Technologies.According to the Annual Report on Form 10-K filed by Lucent with the Securities and Exchange Commission (SEC) on December 22, 1998, Lucent's market value was $113.5 billion.For more information, go to the Company Search screen of SEC EDGAR database, www.sec.gov/edgar/searchedgar/companysearch.html for Form 10-K Annual Reports.
Avaya phones have been a separate company since 2000. However, before that, they were a division of Lucent Technologies, who have been in business since 1996 when they in turn spun-off from AT&T
It depends what day in October you're looking for. On the 2nd, about $31. By the end of trading on the 12th, $21.50. Other information you might find useful: http://investors.avaya.com/stockinfo/cost_basis.shtml
possibly $31.00 at close see link info..http://www.news.com/Lucent-spinoff-falls-in-market-debut/2100-1033_3-246474.html
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