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

To: Michael M who wrote (1482)	3/17/2000 1:59:00 PM
From: Bob Howarth	Respond to of 3891

Michael. Article this week I think in London Financial Times. This is great paper since each day there are several blurbs about Euro as well as EU specific country coverage. The EU has a current account trading surplus but a capital deficit. The weakness of Euro results from this capital deficit, reflecting fact that people with money in EU don't want to invest it there because of the horribly rigid labor laws, government/socialistic interference in the markets, etc. Quite frankly, as long as there are so many great places to invest outside EU, this trend could continue indefinitely unless the socialistic governments and labor unions change their ways. If this ever happens in France, I will eat my PC. Another great source for EU and Euro is Economist magazine.