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COPYRIGHT 2001 Daily News
Byline: Rachel Scheier
Apr. 5--Lucent, the once-stellar telecom giant, denied rumors sweeping Wall Street early yesterday that it was planning to file for bankruptcy -- but not before the rumblings dragged the beleaguered stock to an all-time low.
On the fifth anniversary of its spinoff from AT&T, Lucent's shares plunged as much as 30 percent to $5.50 -- below the 1996 initial public offering price.
The shares recovered a bit in later trading after the...
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