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Technology Stocks : Alcatel (ALA) and France

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To: larry pollock who wrote (3327)5/25/2001 4:38:17 PM
From: larry pollock  Read Replies (2) of 3891
 
Report: Lucent, Alcatel Could Announce Deal by Tuesday
By TSC Staff

5/25/01 2:10 PM ET



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Lucent (LU:NYSE - news) was down 3.3% in midafternoon. Reuters reported that the telecommunications equipment maker and France's Alcatel (ALA:NYSE - news) could agree to a merger as soon as Tuesday.

The news agency, citing unnamed sources, said both companies are keeping their boards on standby through the weekend. Alcatel was down 4.9%.

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