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

To: Gilbert Drapeau who wrote (1797)	5/16/2000 1:01:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

Alcatel Sees Newbridge 00 Operating Profit Higher Than Expected Dow Jones Online News, 05/16/2000 10:54 PARIS -(Dow Jones)- French telecommunications equipment supplier Alcatel SA's (ALA) chief financial officer, Jean-Pierre Halbron, said Tuesday that the operating profit of Canada's Newbridge Networks Corp. (NN) in 2000 should be over the $158 million expected by analysts. Speaking at Alcatel's general meeting of shareholders, Halbron said: "We think we can do better (than analysts' forecasts." Alcatel recently acquired Newbridge through a share swap earlier this year. In 1999, Newbridge reported an operating profit of $168 million. -By Valerie Venck; 33 (0)1 40 17 17 40; valerie.venck@dowjones.com (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved