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

To: Steve Fancy who wrote (1403)	3/7/2000 9:18:00 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 3891

Lucent, Hitachi, Alcatel in fiber optics pact biz.yahoo.com Tuesday March 7, 8:49 am Eastern Time Lucent, Hitachi, Alcatel in fiber optics pact BALTIMORE, March 7 (Reuters) - Japan's Hitachi Ltd. (NYSE:HIT - news) saidÿ on Tuesday that it, Lucent Technologies Inc. (NYSE:LU - news) and France's Alcatel (NYSE:ALA - news) had agreed on standards for fiber-optic transceivers, components which use some of the same parts to send and receive signals. The company said in a statement that the standards would ``enable rapid growthÿ in network bandwidth in the fiber optic market' by establishing dimensions and common electrical interfaces, among other points. The agreement specifies compatibility between devices with different features and for future products. Hitachi expects to begin business discussions with customers early in the third quarterÿ for the devices. The plan includes a reduction in size by 80 percent and power dissipation by 50 percent from Hitachi's current transceivers. Hitachi released the statement from the Optical Fiber Communications Conferenceÿ in Baltimore.