SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alcatel (ALA) and France
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Fancy who wrote (49)10/2/1998 7:50:00 AM
From: bertrand bidaud  Read Replies (1) of 3891
 
Message , as an answer to general infos regarding Alcatel
It presented Alcatel as a diversified conglomerate. The name then was Alcatel Alsthom. In June, Alsthom, a JV with british General Electric was introduce on the market bringing a lot of cash to Alcatel. Alcatel still owns 20 or 25% of Alstom (new name).
Then, the cash coming from tha sale of Cegetel (a engineering subsdiary) to Alstom has been 'responsible' for the huge one time profit announced a few weeks ago. The reduced 'operating profit' is responsible for the fall.
Now the cash will be used for shares buy back. Tchuruck announced last JUne that the cash would be used for acquisition. The plan had to be changed.

Now, Alcatel is a telecom company. It was considered has a good plan, making the firm 'more focus'. Now that telecom is a dirty word, we may want Alcatel to be more diversified...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News