Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: LAURIE SELINE who wrote (2723)	11/2/2000 10:12:19 AM
From: telecomguy	Read Replies (2) of 3891

I know 360 very well because they came out of Alberta Canada (Lede brothers) who started out in construction business digging ditches to install fibre for major Cdn Telcos! I am not saying 360 Networks will fail but it is a grandiose gambit and it's bit surprising that ALA had to fund the company in order to get the deal. On the other hand, if Tsix suceeds, obviously there will be a windfall profit for ALA. I am not critical of Tsix deal from profitability point of view as no one knows how they will do but it's interesting that ALA had to take ownership position to get the deal (I am sure if ALA could have gotten the deal WITHOUT owning the preferred shares, they would NOT have invested in 360 Networks!). and again, how does ALA becoming one of the major owners of Tsix affect ALA's ability to get buildout contracts from Tsix's competitors like Global Crossing, Teleglobe, Oxygen, QWest, etc.etc.....?????? These are the bigger issues as opposed to whether the actual investment is a good or bad business decision. Your opinion?

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