Thread,
I know this is off-the-wall, but it's late Friday and I've had a beer or two:
I was just asked to read the 13G (filed in July and amended, I guess, in August).
Some 8,000,000+ shares picked up by what appear to be French insurance companies, presumably for their annuity funds. (Equitable was also a purchaser, maybe these are subs?):
Alpha Assurances Vie Mutuelle
100-101 Terrasse Boieldieu
92042 Paris La Defense France
AXA Assurances I.A.R.D Mutuelle and
AXA Assurances Vie Mutuelle
21, rue de Chateaudun
75009 Paris France
AXA Courtage Assurance Mutuelle
26, rue Louis le Grand
75002 Paris France
AXA-UAP
9 Place Vendome
75001 Paris France
Anyway, it occurred to me that Alcatel is a French company. I know Alcatel already ships DSL products, but the French-connection just struck me as odd.
Is there any, remote, fit between PAIR and Alcatel? Could the latter entity be using some home-country buyers to pave the way? As I said, I've had a few beers, so don't hold this one against me!
Gary Korn |
