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To: golfinvestor who wrote (95686)	3/13/2001 10:36:09 PM
From: golfinvestor	Read Replies (1) \| Respond to of 152472

Mobile & Satellite Alcatel halts mobile phone production for two weeks By Reuters staff 13 March 2001 French telecoms equipment maker Alcatel said on Tuesday that it was shutting down production of mobile phones at its French factories for two weeks to combat swelling inventory levels. An Alcatel spokeswoman said the company had shut down its two handset factories at Illkirch in Alsace and Laval in Mayenne for the current week and would halt output for a second week in April. "It's because of high stocks," the spokeswoman said, adding that Alcatel's Illkirch and Mayenne plants employ 800 and 700 people respectively. A slowdown in mobile phone sales in recent months has created a global stockpile of some 40 million handsets, according to industry experts, half that volume being with telecoms operators and phone distributors and the other half with handset makers