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Technology Stocks : Alcatel (ALA) and France
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To: zbyslaw owczarczyk who wrote (3767)2/14/2002 9:18:07 AM
From: elmatador   of 3891
 
I created the Broadband + Overcapacity thread to deal with this important subject.

Subject 52426

This because the recent bankruptcy of 360Net0wkrs, Global Crossing, the Lockheed write off of 1.7 billion in its telecom operations not to emntion the first one of all: Iridium adding to that the dire straits of the telecom long distance transport segment.

Why this is relevant to the ALA Thread? Because ALA is in the submarine and satellite business. Future doesn't augur well for ALA in this respect. Investor would overlook this at their own peril.
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