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

To: Tony A. Matthews who wrote (1703)	5/4/2000 2:21:00 PM
From: Steve Fancy	Respond to of 3891

Tony, yes, ALA has quite an interesting background, if I recall the company is over 200 years old, and has been into everything from nuclear plants, largescale worldwide engineering of high speed trains, power plants etc, publishing, batteries, wineries, etc, etc, before settling down with a core telecom focus. I am equally impressed with "Cha-RUK" and think this guy is eligible for CEO of the new millinium. Well Tony, I guess most of the NN'ers sold previously, and ALA has never been followed by more than a few on SI that I'm aware of. Hopefully this will start to change. Again, CONGRATULATIONS to Serge Tchuruk and all ALA employees! I think you done turned the corner in fine style<g>. sf

To: Tony A. Matthews who wrote (1703)	5/4/2000 3:30:00 PM
From: Steve Fancy	Respond to of 3891

I'll get more specifics tomorrow, but sounds like PaineWebber yanked ALA from the negative guy and put a new international analyst on the case. I got the details quickly but sounds like the new guy has only a $55.00 price target. I'll get more details and see if there's a report tomorrow. Anyone else have a broker that follows ALA? A close over 50 and I consider myself off the hook on my call for 50+ by mid-May, but still think it's going higher and will likely threaten it's all time high of 55 something soon. What 5-1 date is the stock split? Impressive performance in the US after Paris close IMO in an nervous generally down market. The momentum seems to be picking up as the day draws to a close. sf