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Technology Stocks : Alcatel (ALA) and France
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To: Steve Rolfe who wrote (1050)12/8/1999 1:59:00 PM
From: Steve Fancy  Read Replies (1) of 3891
 
Yup, been watching...kind of expecting a 30 - 50% retracement of recent gains or approx 4 1-2 to 7 1/2 points of 15. 38-39 and I buy June 35's or 40's. I don't mean to be any kind of pessimist, and feel this stock could nearly double next year. But a retracement after huge gains especially with France trading at all time highs is almost to be expected.

regards,

sf
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