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

To: zbyslaw owczarczyk who wrote (2587)	10/13/2000 5:25:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 3891

Alcatel maintains its calendar for the actions reflection PARIS, October 13 (Reuters) - Alcatel (Paris: 13000.PA - topicality ) decided to maintain the calendar of the issue of shares reflection of its Optronics division, declared Friday a spokesman. " We continue. We preserve the same line ", has it says in answer to a question of Reuters. The fall of the technological values involved cancellations or carryforwards of setting out of Stock Exchange. France Telecom decided to carry out the Orange introduction at the beginning of 2001 whereas it still recently hoped to be able to launch this vast operation of 15 billion euros for end 2000. Alcatel had announced on October 4 that it would emit up to 18,975 million actions reflection for a price ranging between 85 and 100 euros, developing division up to 9,5 billion euros. The first quotation is envisaged on October 20. Alcatel reserved the right to modify the price range until last the days of the offer, October 19. But the spokesman refused with any comment on this subject. According to a banking source, a decision on this point will be made on October 19. " As for any operation, the decision will depend on the state of the book of commands, of the state of the market, the feedback of the investors, the visibility ", has one says. After having reached one higher with 97,5 euros on September 4, Alcatel strongly moved back with the Paris Bourse. It was treated with 74,90 euros Friday towards 17h15. / WEM To send this article to a friend