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 ()	2/9/2000 9:37:00 AM
From: Hamilton Rogers	of 3891

ALCATEL'S BOARD OF DIRECTORS PROPOSES A FIVE-FOR-ONE STOCK SPLIT Paris, February 3, 2000 - Alcatel's Board of Directors decided to submit for the approval of the next Annual Shareholders' Meeting on May 16, 2000 the division by five of the nominal value of Alcatel's common stock, from EUR 10.0 to EUR 2.0. The split will be effective May 22, 2000. The division will increase the liquidity of Alcatel's stock and make the shares more affordable. The parity against Alcatel's ADS, listed on the NYSE, becomes one-for-one.

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