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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Natedog who wrote (6911)5/4/2000 2:38:00 PM
From: Steve Fancy  Read Replies (1) of 12823
 
Alcatel Forecasts Raised On Positive 1Q Results, Outlook
By VALERIE VENCK

Dow Jones Newswires -- May 4, 2000

PARIS -- Alcatel SA's (ALA) upbeat first-quarter earnings, strong growth forecasts and expansion plans released Thursday prompted analysts to revise upward their forecasts for the group.

The French telecommunications equipment supplier expects revenue to grow around 30% in 2000, and operating profit to rise some 60%.

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