Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: larry pollock who wrote (1478)	3/17/2000 8:18:00 AM
From: Bob Howarth	Read Replies (1) of 3891

ALA stock in Paris doing nothing. Only ALA of all the networking stocks has broken down technically below its 50 day. Supposedly investors in France are not investing in France but are exporting their capital outside the EU. Guess if they don't like investing in EU, maybe we shouldn't get too excited either. Latest Economist magazine has a chart of synthetic Euro back to 1984, when it bottomed at .71. Article states that Euro looks like it may be falling back to that level unless serious government coordinated intervention occurs.

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