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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (77626)5/30/2001 2:01:09 PM
From: Chispas  Read Replies (1) | Respond to of 99985
 
ALA...I can't imagine their saying this...

" Alcatel expects to be hit with a $2.6 billion net loss for its
telecom-related activities in the second quarter,
due in large part to dismal mobile-handset
sales, costs related to restructuring and
backed-up inventory. Also contributing to the
loss was depreciation in the convertible bonds
Alcatel owns in 360Networks."