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

To: Steve Fancy who wrote (2676)	10/31/2000 2:13:19 AM
From: Steve Fancy	Respond to of 3891

Alcatel Optronics Posts Record 3rd Quarter with Sales up 173% Paris, October 31, 2000 - Alcatel Optronics (Paris: CGO.PA; NASDAQ: ALAO) today reported 3rd quarter sales of Euro 124.9 million, up 173% over Euro 45.7 million in 3rd quarter 99. Income from operations more than tripled to Euro 26.6 million compared with Euro 7.5 million in 1999. "We have registered an outstanding performance", said Jean-Christophe Giroux, CEO of Alcatel Optronics. "Revenue growth has been very strong and we are seeing solid demand in all product lines, especially with our innovative subsystem solutions now representing 50% of our product mix. In addition, new orders from existing external customers during the third quarter demonstrated their growing demand for the full line of the Alcatel Optronics product family." alcatel.com