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Technology Stocks : Alcatel (ALA) and France

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To: Michael M who wrote (2951)1/31/2001 4:10:13 PM
From: Steve Fancy  Read Replies (1) of 3891
 
Well, all in all not a bad day. Sold the Mar 60 calls I bought yesterday for close to a double. PaineWebber actually had some comments from their new owners keeping the stock at strong buy and raising their price target from $60E to $75E. Saw a downgrade from Merrill but don't have the details yet. Sounds to me that tonight a pullback may be in the cards based on today's Nasdaq sell off.

regards,

sf
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