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

To: Steve Fancy who wrote (1176)	2/3/2000 3:48:00 PM
From: Steve Fancy	Respond to of 3891

Alcatel Still Plans To Sell Saft, Despite Talks Failure Dow Jones Newswires -- February 3, 2000 PARIS -- French telecommunications equipment supplier Alcatel SA (ALA) Thursday said it still plans to sell its batteries unit Saft, even though talks with a potential buyer failed recently. "(Saft) is still a candidate for divestiture," Alcatel Chairman Serge Tchuruk said in a conference call. Tchuruk said the potential buyer had offered a fair price for Saft but that talks had stumbled on technical details. French newspapers reported that Alcatel had been in talks with Swedish investment fund Industry Kapital.

To: Steve Fancy who wrote (1176)	2/3/2000 3:49:00 PM
From: Steve Fancy	Respond to of 3891

REPEAT:EU OKs GE Capital,Thomson-CSF Flight Simulator JV February 3, 2000 BRUSSELS -- The European Union Commission Thursday gave antitrust clearance to a civil flight-simulator training joint venture between General Electric unit General Electric Capital Corp. (GECL) and Thomson-CSF SA (F.CSF) of France. Under the terms of the agreement, GECL will absorb Thomson's civil flight-simulator unit and Thomson will gain a share in GECL in return. General Electric will control 66% of the joint venture and Thomson-CSF 34%, but both companies will have a right of veto on important matters. The market for civil flight-simulator training is highly competitive, and the joint venture will have a low share of the market, so it doesn't give rise to competition concerns, the commission said in a statement. Thomson-CSF is jointly controlled by state-owned holding company Thomson SA and Alcatel SA (ALA) of France.

To: Steve Fancy who wrote (1176)	2/3/2000 3:50:00 PM
From: Steve Fancy	Respond to of 3891

Alcatel Hopes To Sell 20M Cellular Handsets In '00 Dow Jones Newswires -- February 3, 2000 PARIS -- Serge Tchuruk, chairman of French telecommunications equipment supplier Alcatel SA (ALA), said Thursday that he expects the company to sell 20 million mobile telephone handsets in 2000, compared with 11 million last year. "We should get close to a (world) market share of 10%, compared to 8% in 1999," Tchuruk said in a conference call with reporters and analysts. Tchuruk said Alcatel's mobile phone unit will make a significant profit in 2000. The unit turned into the black during the course of 1999, he said. It made a loss in 1998. Tchuruk said revenues from the sale of asynchronous digital subscriber line, or ADSL, equipment reached $400 million in 1999. He didn't provide year-earlier revenues from ADSL, but said they were small. He said Alcatel sold 1.6 million ADSL lines in 1999 and will aim to sell 2.5 million lines in 2000. Earlier Thursday, Chief Financial Officer Jean-Pierre Halbron said Alcatel had secured 50% of the world ADSL equipment market in 1999. ADSL technology allows telecom operators to increase the capacity of traditional copper wire networks to offer broadband services.

To: Steve Fancy who wrote (1176)	2/3/2000 3:52:00 PM
From: Steve Fancy	Respond to of 3891

Alcatel/Limit-Up -2: Shares Ahead 12% Dow Jones Newswires -- February 3, 2000 PARIS -- Shares in French telecommunications equipment group Alcatel (ALA) have been suspended limit-up, and will resume trading at 0855 GMT, the bourse said Thursday. The shares were at EUR242.80, up 10%, or EUR22.00 ahead of the suspension. The company earlier posted slightly better-than-forecast full-year results, coupled with a bullish near-term outlook and plans for a stock split. At 0915 GMT, the shares were at EUR248.00, up 12%, or EUR27.20.

To: Steve Fancy who wrote (1176)	2/3/2000 3:53:00 PM
From: Steve Fancy	Respond to of 3891

Alcatel Shrs Open +9% After Good FY, Bullish Forecasts Dow Jones Newswires -- February 3, 2000 PARIS -- Shares in Alcatel SA (ALA) opened more than 9% higher on the Paris stock exchange Thursday after the telecommunications equipment supplier posted slightly better-than-forecast full-year results, coupled with a bullish near-term outlook and plans for a stock split. At around 0835 GMT, Alcatel shares were up 9.2%, or EUR20.20, at EUR241.00, after earlier hitting EUR242.70. The group posted a 28% advance in full-year operating profit to EUR1.28 billion, boosted by a strong fourth-quarter performance from its expanded portfolio of telecom-related businesses. The market had been expecting an operating profit of around EUR1.22 billion. The group also said it's maintaining its target of a 6.5% operating margin for full-year 2000, which implies a jump of around 30% in operating profit. The operating margin was around 5.5% in full-year 1999. It also forecast a first-quarter operating profit - a period when it traditionally sustains losses - due to a strong order intake and a good performance by the mobile handset and energy cable divisions. Chief Financial Officer Jean-Pierre Halbron said 2000 full-year revenues should grow by between 12% and 13%, underpinned by a 15% rise in revenues from the group's four telecom equipment divisions. Alcatel, known to be concerned at the discount at which its shares trade to North American rivals Nortel Networks Corp. (NT) and Lucent Technologies Inc. (LU), said the five-for-one stock split will make the stock more attractive to retail investors. It will seek shareholders' approval for the split at the annual meeting in May.