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Technology Stocks : Lucent Technologies (LU)

LU 3.120

+11.4%

Oct 31 3:59 PM EST

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To: David Hansen who wrote (21807)	11/21/2005 5:47:07 AM
From: elmatador	of 21876

Threat to ALA-LU. ALA is throwing the towel: Alcatel Buying Thales Won't Solve Problems. "buying Thales neither seems to solve Alcatel's problem with tough international telephony markets or to further European defense consolidation." If at least he'd listened to what I was saying :-) Monday, November 21, 2005 3:48:13 AM ET Dow Jones Newswires 0739 GMT [Dow Jones] Alcatel (13000.FR) is considering a GBP5B bid for Thales (12132.FR), according to a weekend press report. "You can never rule anything out when it comes to politics interfering in French business," says ABN Amro's Sandy Morris. But, "buying Thales neither seems to solve Alcatel's problem with tough international telephony markets or to further European defense consolidation." Alcatel declines to comment, Thales is not immediately available for comment. Alcatel closed at EUR10.60, Thales at EUR36.78. (AST)

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