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

To: Steve Fancy who wrote (1808)	5/18/2000 3:01:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

Alstom, Siemens Mull Forming 50-50 High Speed Train JV Dow Jones Online News, 05/18/2000 08:12 PARIS -(Dow Jones)- Franco-British energy and transport engineering group Alstom SA (ALS) and Germany's conglomerate Siemens AG (G.SIE) said Thursday that they are considering setting up a 50-50 joint venture to develop a new cross-border high-speed train for Europe. Alstom and Siemens don't rule out opening the venture to other European partners, the two companies said in a joint statement. The Alstom and Siemens project follows an announcement earlier this year by Deutsche Bahn AG (G.DBU) and Societe Nationale des Chemins de Fer (F.SNC) that the two railways operators will place a joint order for next generation of high-speed trains. Alstom and Siemens said they have indicated their willingness to cooperate to the French and German railway operators. -0- 18/05/00 12-49G (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved