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


To: Steve Fancy who wrote (2675)10/31/2000 2:12:27 AM
From: Steve Fancy  Read Replies (1) | Respond to of 3891
 
Record Third Quarter 2000 Results : Sales Increase 50% - Income from Operations Doubles Improving Full Year Outlook

Paris, October 31, 2000 - Alcatel (Paris: CGEP.PA and NYSE: ALA) today reported third quarter sales of EUR 7,908 million, an increase of 50% compared with EUR 5,261 million in third quarter 1999, with the four Telecom segment sales growing 57%. Income from operations doubled to EUR 619 million against EUR 296 million in Q3 99, with the four Telecom segments gaining 92%. Net income increased to EUR 297 million, or a diluted EPS of EUR 0.25 per share ($0.22 per ADS), versus EUR 83 million, or EUR 0.09 per share ($0.08 per ADS), a year earlier.

For the first nine months sales advanced 42% to EUR 21,719 million. Income from operations registered a 126% progression to EUR 1,370 million and net income nearly tripled to EUR 898 million compared with EUR 305 million in 1999. The four Telecom segment sales and income from operations grew by 47% and 121%, respectively.

alcatel.com



To: Steve Fancy who wrote (2675)10/31/2000 8:59:32 PM
From: architect*  Read Replies (3) | Respond to of 3891
 
Steve, Alactel Optronics and ALA had a great report today! Just what the NASDoctor ordered ;-)
Via E:mail Alactel IR confirmed ALA retained 80% ownership of ALAO and linked me to the Alactel Optronics pages of their website for financial data on ALAO. I found no financial data for ALAO on the website.

I assume 20% of today's revenue is attributed to ALAO and 80% to ALA. If so, I could probably piece something together from today's financial report.

If 16.2 million shares of ALAO are issued @ US $62.50 , this is US $1 billion and ALA would have retained 80% or US $4 billion, of ALAO,
so the market cap on ALAO is about US $5 billion.
Am I in the ballpark?

If so , hasn't Market Guide attributed 100% of the revenues to ALAO? The MG data makes ALAO look like a value stock.
biz.yahoo.com

Any help would be appreciated?

John