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Non-Tech : Amati investors
AMTX 1.915-1.8%Nov 14 9:30 AM EST

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To: riposte who wrote (30660)3/16/1998 7:40:00 PM
From: pat mudge  Read Replies (1) of 31386
 
And good earnings news for Alcatel based on ADSL:

<<<
Alcatelat all-time high ahead of results

Reuters Story - March 16, 1998 05:39

PARIS, March 16 (Reuters) - Alcatel Alsthom on Monday continued its recent strong rise on expectations of a bullish statement with its 1997 final results due on Thursday, traders said.

The company is expected to confirm its provisional 1997 net
income of 4.6 billion francs against 2.7 billion in 1996, despite a 500 million franc provision for Asia risk.

The ADR was up strongly overnight in New York and the group
is slowly moving towards multiples for a high-tech company
instead of the lower multiples it used to have as an industrial
group. Alcatel is well placed for the Assymetric Digital
Subscriber Line (ADSL) technology which can boost data and
Internet traffic capacity on existing phone lines.


At 1013 GMT, Alcatel was up 3.51 percent at 913 francs,
after hitting an all-time high of 919 francs. It previous high
of 913 was set in 1994.
The CAC-40 index was up 0.39 percent at 3554.18.>>>

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