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Technology Stocks : Alcatel (ALA) and France

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To: Tunica Albuginea who wrote (1458)3/16/2000 11:18:00 AM
From: Tony A. Matthews  Read Replies (2) of 3891
 
I'm new to Alcatel - being a default shareholder through my NN purchase last year. Looking over some press releases last quarter I noticed that one of the big differences between ALA and NT/LU is that it has a huge slow growth business in Energy Cable. LU recently announced a divestiture of it's slower growth businesses to ensure that top line growth could be maintained longer term. Does anyone believe Alcatel will make a similar step to ensure it's shareprice is not adversely affected by it's slower growth business? If not I believe it might be hard to justify similar valuations to NT & LU for ALA.
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