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Technology Stocks : Alcatel (ALA) and France

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To: The Gambler who wrote (37)9/28/1998 2:20:00 PM
From: Steve Fancy  Read Replies (1) of 3891
 
Gambler, looking at various charts, 22-28 seems to be a reasonable rebound level as sentiment levels off. From everything I can determine this is a huge company that one way or another will get through the legal problems. I guess kind of a "dogs of the Cac" theory. A 5-year chart shows a lot of support at the 16 level if it were to drop further. Seems that upside potential far outweighs downside risk. Timing, who knows, but I am hoping to see some upside as we put this calendar quarter behind us.

regards,

sf
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