Alcatel (ALA) and France Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alcatel (ALA) and France

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MikeM54321 who wrote (1779)	5/16/2000 2:59:00 AM
From: Steve Fancy	Read Replies (2) of 3891

Mike, per this chart, looks like the EUR was at about $1.08 last May, so I don't know that that totally explains this. I cannot vouch for the accuracy of MSN's data, and generally seem to find different data on different sites when I go looking. I can only guess their number is also inaccurate. dynexcorp.com The whole concept is interesting in that it seems the only way to accurately evaluate any foreign stocks historical performance data would require it be reported in their local currencies. This would seem to put all ADR's at a major disadvantage when comparing with US companies, at least through the MSN site. Of course I suppose it works the other way around also. Boy, seems that really puts the small investor at a big disadvantage as they don't know what they are looking at. Where did you hear they reported net loss in Q1 '99? Not how I remember it, but I do remember the big gains were in the second half. This is the only story I could find referencing that quarter. Remember though that this was very early into their recovery from the dive the stock took in September '98 from an earnings warning. Message 9244923 Sometime tomorrow I'll look up a few Brazilian companies and see if the same situation exists pre/post devaluation from January of last year when the real/USD went from the $1.20 range to $2.00 and above. But no, I'm not overly bothered by it. I think the smart money is looking at suggested growth rates, product line etc, etc and comparing multiples with other companies in the sector. Thank you for your notes from ALA CC and your thoughts on AFCI. I may pick up some of the latter. regards, sf

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next