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

To: EPS who wrote (990)	11/11/1999 2:25:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

Howdy Victor. Part of my enthusiasm today was I just plain had a great day and ALA was a nice piece of it. As you probably know, ALA is working on an credibility recovery and this is largely why it's undervalued IMO. I have about 800 shares as part of my core holdings, and I don't plan on selling till at least 2001. My target had been 35 year-end...haven't really defined a new one as I'm not too worried about it. I would guess 40-44 heading into next quarter earnings on Feb 3rd, but ya never know...a few more big contracts and maybe it gets close to it's all time high of 47 or so. From there it's pretty much in uncharted territory but I'm thinking they bury the credibility issue for good about then and this oughta let the stock run. This stock leaves ya sleeping easy. Waiting to see what happens over the next week or so before I pick up a new supplemental option position. I had defined a year-end, conservative play, $35 trio of ALA, CUBE and NOVL. Kinda looking like NOVL won't make it, but I don't think they'll let me down on the FEB 25 calls I picked up...do you? regards, sf