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


To: zbyslaw owczarczyk who wrote (3385)5/30/2001 2:59:29 AM
From: Steve Fancy  Read Replies (1) | Respond to of 3891
 
Alcatel Sees 2nd Quarter Telecom Operating Profit "Above EUR100M"

Dow Jones Online News, 05/30/2001 02:32

PARIS -(Dow Jones)- French telecom-equipment maker Alcatel SA (ALA) said it will report a net loss of EUR3 billion in the second quarter, blaming worsening market conditions and restructuring costs linked to its decision to pull out of cellphone handset manufacturing.

In a media statement released after the collapse of merger talks with Lucent Technologies Inc. (LU), Alcatel also said it would strengthen the focus on its carrier networking and optics businesses.

(This story was originally published by Dow Jones Newswires)

Copyright (c) 2001 Dow Jones & Company, Inc.

All Rights Reserved



To: zbyslaw owczarczyk who wrote (3385)5/30/2001 6:18:13 AM
From: elmatador  Read Replies (1) | Respond to of 3891
 
"Alcatel's warning of a second-quarter loss in its telecoms unit offset relief that its merger talks with U.S. rival Lucent had collapsed."

I didn't write that: it is here:
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