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


To: Steve Fancy who wrote (89)6/26/1998 6:23:00 PM
From: kech  Respond to of 285
 
Steve - 1.2 B FFr is about $200 MILLION. Probably not as important as the substance.



To: Steve Fancy who wrote (89)6/26/1998 6:24:00 PM
From: Mike K  Read Replies (1) | Respond to of 285
 
Current rate of exchange is 1$US = .16 FFr.

Alcatel has a large cables group that includes several plants in
North America. These include a fibre optics plant in NC, communications cables plants in Quebec and PA, power cables plants in
Ontario, Quebec, Saskatchewan and NY, 2 magnet wire plants in Kentucky
and Ontario and a copper rod mill in Quebec.

Alcatel stock is widely held in France and is one of its largest industrial concerns. Often movement reflects the Paris
Bourse.....