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


To: lebo who wrote (129)8/10/1998 4:46:00 PM
From: Mike K  Respond to of 285
 
Even with the ALS divestiture there will be some dilution once the
DIGI acquisition is completed. ALA has been a long term supplier to
Telefonica so maybe the market discounted the deal as a given. ALA has existing facilities in Brazil so they are quite well known in the country.

Stock was weak today, but then the CAC-40 was down over 2 1/2%.

Cheers,

Mike