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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (90)10/9/1998 3:03:00 AM
From: Steve Fancy  Read Replies (2) of 3891
 
Cisco could break with Alcatel (SBF:CGEP)-paper

Reuters, Friday, October 09, 1998 at 02:22

PARIS, Oct 9 (Reuters) - U.S. Internet technology group
Cisco (NASDAQ:CSCO) could break its alliance with Alcatel because it
is dissatisfied about how their co-operation is working, the Le
Figaro newspaper said on Friday.
"It will be difficult to maintain our cooperation with
Alcatel between now and two years. Alcatel is a company with
which a partnership is delicate," the paper quoted Mike Volpi,
vice-president of acquisitions at Cisco in San Jose, as saying.
"Everybody is a small supplier for Alcatel. That is okay
when you are small but it becomes difficult when you have
grown," he added.
Alcatel and Cisco have had a cooperation pact since 1997.
paris.newsroom@reuters.com))

Copyright 1998, Reuters News Service
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