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

To: Mike K who wrote (91)	6/26/1998 9:23:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 285

Thanks Tom and Mike. Sounds like another Telebras...just what I need. TBR is 39% of the Bovespa index and seems to move on everything but its own fundamentals. You name it, DOW, Japan, China, Russia, Hong Kong, Brazilian politics and economy, and soccer, although not necessarily in that order. I'll be digging into ALA in the next couple of days, but maybe one of you guys know what weighting ALA has if any in their main index? Mike thanks for all the information, you sound knowledgable on ALA. I actually own DIGI...am looking to sell calls against the stock, but don't necessarily want it called away. With the run from earlier in the year, I'm trying to get a handle on where ALA may be going. Sounds to be a lot larger company than I thought. regards, sf