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

To: Imran who wrote (2897)	1/21/2001 11:27:39 AM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 3891

re:MSDW, What I know that MSDW opinion was reported first by Bloomberg around 5am ET (Paris open at 3 am and close at 11:35 am ET) In Paris ALA was very strong until 9:30am when NASDQ started to take profit. Then ALA went from 71 Euro to 68.75, still up 1%. Seems to me that ALA has reacted to NASDQ not MSDW. Keep in mind that Paris has major influence on ALA price,b/c they trades by average 3-4 times more shares then NYSE (many US firms trade in Paris due to larger liquidity) My guess is that some big client wanted to buy cheap before January 31 earning report.CEO two weks ago has already hinted that results will be very good and COO gave very optimistic outlook two weeks ago on MSDW technology conference !!!!!! BTW, they did the same to NOK and ERICY, which will not show grat numbers on mobile phones sales. ERICY will most likely show strong infrastructure number, which accounts for 75% of revenue. Zbyslaw