Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: zbyslaw owczarczyk who wrote (2398)	9/19/2000 11:57:29 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

Turk Telekom Signs Deals With Alcatel Teletas, Netas Dow Jones Online News, 09/19/2000 06:30 ISTANBUL -(Dow Jones)- Fixed-line monopoly Turk Telekom Tuesday signed contracts with telephone equipment suppliers Alcatel Teletas Telekomunikasyon Endustri TAS (C.ALC) and Netas, Northern Elektrik Telekomunikasyon AS, (C.NEL) to buy transmission networks. In a statement to the Istanbul Stock Exchange, Alcatel, a unit of French-based Alacatel SA (ALA), said it will supply DWDM and SDH transmission networks to Turk Telekom for $121.3 million. Netas, a unit of Nortel Networks Corp. (NT), said it will provide the Canadian company's SDH networks to Turk Telekom under a two-year $68 million contract. Through this project, the SDH products will be locally developed, with Turkey becoming the fourth national production center after Canada, the U.K. and Ireland. At around 1000 GMT, Netas was flat at 58,000 lira ($1-TRL670,700), while Alcatel was at TRL85,000, up TRL2,000 or 2.4%. -By Selim Atalay, Dow Jones Newswires; 90212-2313355; djistanbul@superonline.com (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved

To: zbyslaw owczarczyk who wrote (2398)	9/19/2000 12:21:00 PM
From: Steve Fancy	Read Replies (3) \| Respond to of 3891

Zbyslaw, FWIW, I'm not convinced this market is down going down yet as I don't see quick fixes to oil and EURO concerns, buuuut, I am feeling confident enough in ALA that I have an order in for another 1/2 position of March 70 calls at 12. This is right about where I purchased the other half position, and I normally only buy more to average if and when the stock in question gets sacked, but in this case, I'll buy another 10 if it were to go to 65 or so. Also buying more CS and HLIT calls. What are you buying 'ole buddy? Thanks, sf