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Technology Stocks : Alcatel (ALA) and France
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To: bertrand bidaud who wrote (48)9/30/1998 10:03:00 PM
From: Steve Fancy  Read Replies (2) of 3891
 
Thanks Bertrand, appreciate the summaries. Here is some basic general information FWIW.

Alcatel was established in 1898 as a publically-owned electric company. It was nationalized by the French Government in 1982 and then privatized in 1987. Alcatel has four principal product lines; telecommunications, which accounted for 44.3% of the company's 1997 sales; cables and related components, which accounted for 22.8% of the company's 1997 sales; energy and transport, which accounted for 18.4% of the company's 1997 sales; and engineering and systems, which accounted for 14.1% of the company's 1997 sales.

Alcatel has operations in over 100 countries and employs approximately 190,000 people. Alcatel is one of the largest French companies listed on the Paris Bourse.

sf

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