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Technology Stocks : Alcatel (ALA) and France

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To: Michael F. Donadio who wrote (1034)12/3/1999 7:57:00 AM
From: leigh aulper  Read Replies (2) of 3891
 
J.P. Morgan Upgrades Alcatel To Buy From
Mkt Perform

PARIS -- J.P. Morgan has upgraded its recommendation on shares in French
telecommunications equipment supplier Alcatel SA (ALA) to buy from
market performer, after the company held an upbeat meeting with analysts
Thursday. The securities house set a target price of EUR250 for the stock,
which closed at EUR196.50 Thursday.
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