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Technology Stocks : Alcatel (ALA) and France
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To: Steve Fancy who wrote (2484)9/29/2000 7:17:07 AM
From: zbyslaw owczarczyk  Read Replies (2) of 3891
 
Steve, ABN-Amro downgraded the company to ``undervalued'' from ``buy,'' saying ``Alcatel's
valuation is now in line with its European competitors.''

For the record ERICY for example is still more expensive then ALA as far as ravenue growth and PE.
Obviously ABN call is still having negative affect on ALA in Paris.He expalnation indicates his real intension......
Yesterday, both Sagawa and ABN-Amro attact ALA and NT- the best performing vendors this year.

Zbyslalw
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