SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (115828)10/31/2000 8:19:04 AM
From: 2MAR$  Read Replies (2) of 120523
 
06:57 [ALA] ALACATEL IS SURGING $5.87 TO $63 IN INSTINET PRE-MARKET TRADING
Tuesday October 31, 3:48 am Eastern Time

Press Release

Record Third Quarter 2000 Results: Sales Increase 50% - Income from Operations Doubles Improving Full Year Outlook

biz.yahoo.com

www2.marketwatch.com.

Serge Tchuruk, CEO, commented, ``Alcatel continues to deliver. Our record performance in the third quarter is underlined by further strong advances in data and optical networking sales, which together combined for an 88% increase. These activities along with Alcatel Services and the positive impact of the restructuring of R&D in our switching business all contributed to the improved performance and enhanced profitability. Our third quarter performance was also positively impacted by our efforts to smooth the effects of seasonality on our Telecom businesses. We are revising upwards our guidance for Telecom revenue growth for the full year to the high thirties with income from operations growing twice as fast.''
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext