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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Craig Freeman who wrote (8865)10/31/2000 8:29:08 AM
From: DJBEINO  Read Replies (1) of 9582
 
Alcatel, a major ALSC customer released solid results and a rosy outlook:

``Looking ahead to 2001, we expect continued solid expansion in our carrier networking and optics businesses driven by submarine and terrestrial transmission, core data networking and broadband wireline and wireless access. In addition, we are pursuing an ambitious upgrade of internal supply chain logistics to improve our ability to keep pace with growing market demand for our products and solutions and to enhance our working capital position. Alcatel is expecting 2001 revenue growth to be above market with early indications showing growth in our Telecom business of at least 25%.''

biz.yahoo.com
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