To: zbyslaw owczarczyk who wrote (2770 ) 11/17/2000 7:05:54 PM From: zbyslaw owczarczyk Read Replies (1) | Respond to of 3891 Alcatel: under pressure Friday November 17 2000, 20h12 The Alcatel action was illustrated negatively this week, inserting its support with 70 euros. In addition, the title finished Friday with low of the meeting, with 62,5 euros (- 7,05 %). It acts of the strongest fall of the market. Several explanations can be advanced to include/understand this movement. It would seem that the quarterly results published the last week did not dissipate uncertainties on the prospects. S ' they are overall positive, certain analysts emitted interrogations over the fourth quarter, estimating that the invoicings " had been inflated " on the third. The fall also nourishes pressure with the fall exerted by the profit-warning of its competitors, Lucent Technologies, Ericsson or Nortel Networks. Lastly, graphically, the depression of the support with 70 euros gives a negative signal. The following stage would account for 60 euros, corresponding to a peak reached last June. The opinion of Boursier.com We recently advised to sell by precaution this Blue Chip whereas it dimensioned 68 euros. One will benefit from the hollow of market exerted by the Anglo-Saxons to reposition itself cheaply (towards 60 euros) ( Boursier.com ) ----------------------------- ----------------------------- since ALA has increased its overall forecast for FY2000 from mid 30 (last July CC) to upper 30 on Oct.30 how come some speculative analysts could say that Q3 was inflated at the expense of Q4. On July Q3 CC many analusts have asked ALA to smooth Q3 and Q4 so the company will not have traditional big spike in Q4. Zbyslaw