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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (2457)9/27/2000 4:40:35 AM
From: zbyslaw owczarczyk  Read Replies (1) of 3891
 
Steve. I am wake up early today ( going fishing). The good
news is Hong Kong S.Korea, Australia closed nicely higher and most of Europe is 1 1/2 h after opening higher..
ALA, is 1.4% higher, what with current currency translation, Euro is getting stronger, gives 70 1/2 US.
Something is telling me that market hit the bottom.
As for FT, the news was during day. The French press was speculation that ALA deal is worth 200 million US (not very big contract). NT also contribute.
I am waiting for huge US optical(with US carrier) deal, which is on track to be announced in the near future...
As I mentioned before, still everything indicate that few big
deals for 670 routing-switching platform ( IP/ATM, NN stuff)
should be announced shortly, US,Europe.....

Zbyslaw
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