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

To: Michael M who wrote (1688)	5/4/2000 3:16:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

FIRST QUARTER 2000 RESULTS: RECORD GROWTH TELECOM SALES UP BY 47% WITH STRONG IMPROVEMENT IN OPERATING PROFIT OUTLOOK RAISED FOR FULL YEAR TELECOM SALES GROWTH TO 30% Paris, May 4, 2000 - Alcatel (Paris: CGEP.PA; NYSE: ALA) today reported a 42% increase in sales to EUR 6,124 million for first quarter 2000, compared with EUR 4,319 million in the first quarter 1999, with Telecom sales growing by 47%. Income from operations improved significantly to a profit of EUR 113 million, compared with a loss of EUR 154 million in the corresponding period. Net income amounted to EUR 258 million, representing a diluted EPS of EUR 1.31 ($0.25 per ADS). alcatel.com