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Technology Stocks : Alcatel (ALA) and France
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To: Steve Fancy who wrote (1839)5/24/2000 5:33:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 3891
 
Steve, according to thomson 4 million sell block was placed about 10 am.
of course this block was later split on numbers of smaller blocks.
Someone was selling 4 millions shares and that is most likely the reason
why ALA did not come back like others.
On the others hand ALA performed much better yesterday.
With p/e 26 based on FY2001 , 32 on FY 2000 , revenue growth 35% including
NN, and eps growth over 40% as stated by CEO of ALA several days ago,
dominant position in access (xDSL and LMDS), ATM and strong optic business
this stock is very cheap.

thomsoninvest.net

Zbyslaw
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