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

To: Steve Fancy who wrote (2674)	10/31/2000 2:10:50 AM
From: Steve Fancy	Read Replies (2) \| Respond to of 3891

TABLE-Alcatel Optronics Q3 operating 26.6 mln euro PARIS, Oct 31 (Reuters) - Three months to September 30, 2000 (in millions of euros) Q3 2000 Q3 1999 Net attributable loss 4.8 profit 4.0 Gross profit 42.3 17.4 Operating profit 26.6 7.5 Turnover 124.9 45.7 Cost of sales 82.6 28.3 Nine-months to September 30, 2000: 9-mo 2000 9-mo 1999 Net attributable profit 20.5 4.9 Gross profit 104.6 36.2 Operating profit 64.5 9.1 Turnover 286.2 112.3 Cost of sales 181.6 76.1 NOTE - Alcatel Optronics (SBF:CGO)(NASDAQ:ALAO), in which French telecoms equipment maker Alcatel issued tracking stocks earlier this month, said in a statement that it was in line with its 2000 targets and expected 2000 sales to more than double and 2000 operating profit to more than triple from 1999. "For the long-term we think our turnover will continue to grow more rapidly than the market and that our margins will continue to improve," Alcatel Optronics Chairman Jean-Christophe Giroux said in a statement. For Alcatel (SBF:CGEP) (NYSE:ALA) third-quarter results, click on [nPAT004293] paris.newsroom@reuters.com)) Copyright 2000, Reuters News Service