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Technology Stocks : Alcatel (ALA) and France
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To: larry pollock who wrote (3324)5/23/2001 12:48:42 PM
From: Steve Fancy  Read Replies (1) of 3891
 
Larry, I think this is an excellent move on the part of ALA if they can pull it off at 4 billion. I bet it's a done deal. Everything considered the stock seems to be holding up OK for now. Like to see it close above 30. I think this LU deal has possibly been in the works for awhile. ALA has been working hard to boost their North American image the last couple months...I see their commercials everyday and they seem to be popping up on more and more channels. As far as the LU deal, could be an excellent move if well orchestrated and at the right terms. Seems that is the question, along with with regulatory issues that may prevent the whole thing. I still haven't decided how I feel about this but believe that Serge knows what he's doing. We need a lot more details to form conclusions but seems there is potential for significant cost savings. Hopefully this deal will resove itself one way or the other sooner than later.

What are your thoughts?

Thanks,

Steve
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