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

To: Steve Fancy who wrote (111)	7/24/1998 6:57:00 PM
From: Mike K	Read Replies (1) \| Respond to of 285

Hi Steve! You've been busy on the TBR thread!!! Alstom (ALS) was formerly known as GEC-Alsthom, a 50/50 joint venture between ALA and GEC of Great Britain. The company recently went public, because ALA wants to concentrate on the telco business. I think that ALA still owns about 25% of ALS. I wouldn't be to surprised to see ALA spin of the rest of ALS in the next couple of years. I also wouldn't be surprised to see ALA make another large North American acquisition. It's a good long term investment. Cheers, Mike