Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (1124)	1/14/2000 5:16:00 PM
From: Steve Fancy	Read Replies (1) of 3891

Alcatel To Launch Stock Option Program For Employees Dow Jones Newswires -- January 14, 2000 PARIS -- French telecommunications equipment supplier Alcatel SA (ALA) will launch a stock option program in the first half of 2000 for its employees worldwide, the company said in a statement. The program, which includes 7.2 million stock options, will be submitted to Alcatel's board in March. Part of Alcatel's new stock option program is linked to a capital increase reserved for employees, Alcatel said. A plan of 1.8 million stock options will be offered to employees worldwide within the frame of a capital increase of 600,000 Alcatel shares. Alcatel shares were trading up 1.8%, or EUR3.90, at EUR217.50 around 0810 GMT.

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