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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: bertrand bidaud who wrote (665)	6/7/1999 8:44:00 AM
From: bertrand bidaud	Read Replies (5) \| Respond to of 3891

More from Thuruck (Alta Vista again) Alcatel could mobilize 10 billion euros PARIS, June 7 (AFP) - Alcatel could mobilize 10 billion euros where necessary, but is not in the search of companies to be repurchased, indicated its chairman Serge Tchuruk, in an interview published Monday by the Barber Magazine. While indicating that " we will not let pass interesting opportunities ", Mr. Tchuruk affirms that its group is not " not especially in the search of companies to be repurchased ". However, Alcatel has completely financial means to continue a policy of acquisitions: " Alcatel had a too low debt ratio in 1998. This one is assembled a little above 20% after the acquisition of Xylan, and I would find completely possible whom it assembles up to 50% if necessary ", underlines the chairman. It estimates that its group has a potential of transfer of credits of 5 billion euros, while stressing that it is not " not in a hurry to carry out disengagements ".