Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: larry pollock who wrote (3851)	11/30/2004 2:27:49 AM
From: elmatador	Read Replies (1) of 3891

Alcatel "sell" Monday, November 29, 2004 12:08:36 PM ET Dresdner Kleinwort Wasser. LONDON, November 29 (newratings.com) - Analysts at Dresdner Kleinwort Wasserstein reiterate their "sell" rating on Alcatel (CGE.ETR). The target price is set to €9. In a research note published this morning, the analysts mention that the company is scheduled to hold its annual Analyst Day on December 2. During the meeting, Alcatel is expected to project double-digit operating margins for 2005, the analysts say. Dresdner Kleinwort Wasserstein believes, however, that the company would continue to witness flat EPS and cash flow growth due to capital restructuring and staff attrition.

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