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Technology Stocks : Alcatel (ALA) and France
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To: Steve Fancy who wrote (1891)6/1/2000 5:45:00 PM
From: zbyslaw owczarczyk  Read Replies (2) of 3891
 
Steve, PPI and CPI should show again that economy is growing
with only little inflation.
Considering today report I expect industrial production to
drop more then 3.0% expected.
Employment report should show no more then 300k (370k expected) new jobs.
As for ALA if they deliver few ass kicking contracts and
NASDAQ will slowly move higher, current ALA price may become low
end of the range.
Considering ALA/NN position in core IP/ATM and broadband access (xDSL and LMDS) as well we optics becoming stronger and stronger,and fact the ALA is trading at 20% discount to LU, over 35% to ERICY and much more to NT, ALA stock is cheap until 80 US.

Zbyslaw
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