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

To: Jay Nitschke who wrote (889)	10/4/1999 11:37:00 AM
From: Steve Fancy	Respond to of 3891

Hey, all are welcome, bulls, bears, shorts, longs. I'd suggest perusing the thread and ask any questions. This is a huge France blue chip that remains significantly undervalued in it's sector. Expect recognition of this company to pick up considerably over the next two quarters. In a nutshell ALA is a company in a state of transition and IMO will be the LU+ of Europe which is a couple years behind the US. My initial target $35 year end. Catalyst IMO will be significant improvement in earnings over the next 2 quarters, strong guidance into next year, and the unloading of it's 44% stake in state-controlled nuclear plant maker Framatome SA. Until recently there was some problem with the government where ALA could not unload it. Also, ALA is in the process of overcoming a credibility problem that goes back to last July. I believe ALA still owns 25% of ALS, an large scale engineering firm it spun off some time ago. ALA used to do everything from publishing and wineries to it's telecom business. Congratulations on GCTI. Feel free to ask questions. sf