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Technology Stocks : Alcatel (ALA) and France

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To: shotski1 who wrote (2591)10/14/2000 11:10:07 AM
From: zbyslaw owczarczyk  Read Replies (1) of 3891
 
Yes, next week. Pricing will be announced on 19th, and trading will begun the next day.
Proposed cap is around 9 billion Euro, but if demand is high
can go higher.
ALA will got around 1.6 billion $ cash.Since ALA keeps 80% of ALAO dilution is only about 3%, but if you add cash it is almost zero.
I think with market been just OK ,and considering they technology which for example for submarine system is more complicated that in land optical system, this new ALAO will do very well.

Zbyslaw
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