Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: larry pollock who wrote (3053)	2/21/2001 1:59:54 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

If the price were right, could actually be a smart move for ALA?...for the longer term investor of course<g>. sf

To: larry pollock who wrote (3053)	2/21/2001 3:29:00 PM
From: larry pollock	Read Replies (2) \| Respond to of 3891

From the New York stock Exchange/Alcatel-Dow Jones Lucent Plans to Put Optical Fiber Unit on Auction Block 2/21/01 12:36am Lucent Technologies Inc. plans to put its Optical Fiber Solutions unit up for sale, possibly in as little as two weeks, people familiar with the matter told The Wall Street Journal. The unit -- the second-largest producer of fiber-optic cable behind Corning Inc., with fiscal 2000 revenue of about $2 billion -- is one of Lucent's (LU) bright spots. Optical Fiber Solutions reported sales growth of 60% in fiscal 2000 and was the only unit in Lucent's core service-provider business to report sales growth during Lucent's fiscal first quarter that ended Dec. 31. A Lucent spokeswoman declined to comment on a possible sale. It is unclear what the 6,000-person operation, based in Norcross, Ga., would fetch on the open market. Jim Jungjohann, a CIBC World Markets analyst, estimates the unit could fetch two to four times annual sales, meaning a potential sales price of as much as $8 billion. Other estimates are more conservative. With the telecommunications industry in the throes of a painful slowdown, some analysts say the final price could wind up being much closer to $4 billion. The pending sale comes on the heels of what has been a tumultuous period for Lucent. The loss-plagued telecom equipment giant is in the midst of a financial and strategic restructuring, and selling the optical unit would seem to be one way for the company to strengthen its deteriorating balance sheet. Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved. -------------------------------------------------------------------------------- You many not reproduce or further distribute or display this content, without permissions of Dow Jones & Company, Inc. You may however, print one paper for your personal, noncommerical use. Copyright © 1999 Dow Jones & Company, Inc. All Rights Reserved.