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

To: Steve Fancy who wrote (1467)	3/16/2000 4:55:00 PM
From: larry pollock	Respond to of 3891

Perhaps you could give some clues, checking the Alcatel news archives is a cumbersome process.

To: Steve Fancy who wrote (1467)	3/16/2000 5:40:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 3891

Newbridge Shareholders to Vote May 16 on Alcatel Bid (Update1) By Sean B. Pasternak Newbridge Shareholders to Vote May 16 on Alcatel Bid (Update1) (Adds closing shares, recalculates value of offer based on closing Alcatel share price.) Kanata, Ontario, March 15 (Bloomberg) -- Newbridge Networks Corp. said its shareholders will vote on a takeover bid by Alcatel SA, Europe's No. 2 phone-equipment maker, on May 16. Paris-based Alcatel agreed last month to buy Newbridge for $6.69 billion in stock and debt to gain telecommunications switches that could help it catch up with Lucent Technologies Inc. and Cisco Systems Inc. Kanata, Ontario-based Newbridge will give Alcatel equipment that delivers voice, data and video on a single network. Alcatel will exchange 0.81 American depositary shares for each Newbridge share and will take on C$428 million ($292 million) in debt. A location for the meeting hasn't been announced yet, a Newbridge spokeswoman said.