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

To: Steve Fancy who wrote (1252)	2/23/2000 2:54:00 PM
From: Tunica Albuginea	Read Replies (3) \| Respond to of 3891

I will not disagree with you Steve. You could very well be right that this is a knee jerk reaction. The CNBC pundits, Maria B. & Co. this AM, made an off hand comment at the open that " well looks like after the buyout announcement ALA & NN stocks are heading down so it must mean that shareholders didn't like it very much . " Of course we all know that had it been a money hemorrhaging dot.com buying another money hemorrhaging dot.com praises would have been by the truckful I have to admit however that I do expect of analysts a delayed action cerebral connection. Their brains could definitely use a core and an edge ATM TA Message #1252 from Steve Fancy at Feb 23 2000 2:32PM Dunno Tunica...my call is not official yet, but I don't think I've called this stock wrong in over a year<g>...hence my great success with options on this one. FWIW I also hold about 815 shares of stock that I have no plans on selling at least over the next few years. If it continues selling off tonight and tomorrow morning you're probably right, but I think there is a good possibility we were looking at a knee-jerk retail selloff. The drop, at least in the US does not look to be institutional selling to me. In fact, looks like institutions are buying heavy into the retail selling. The stock has been stable since shortly after the open, and incredibly bullish block buying. Hope it can muster up that close over 44. FWIW, we appreciate all opinions on this thread, be them favorable to our positions or not. We always welcome and appreciate honest opinions from the short side also. sf