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

To: larry pollock who wrote (156)9/16/1998 1:01:00 PM
From: Steve Fancy  Respond to of 285
 
Don't know, but the stock sure has been hit. I'd have to check, but I think the low for the year was about 25. I'd almost think the buyout rumors would partially offset these earnings concerns. Did anyone see an actual story on this potential problem?

sf



To: larry pollock who wrote (156)9/16/1998 1:12:00 PM
From: Steve Fancy  Respond to of 285
 
ALA down almost 10%. Somebody seems to think somethings gonna be real bad. Anyone know if ALA has had a habit of preannouncing poor earnings?

sf



To: larry pollock who wrote (156)9/16/1998 4:19:00 PM
From: Yeadon  Read Replies (1) | Respond to of 285
 
Larry
Let us hope this is not DSC, Part II. We know what that was like.
I think concern is not so much this half, but how will they meet stated goal of growing telecom sales in double-digits for the year. Much skepticism about that. Key will also be improving margins.
Also, not too many contracts announced recently, unlike for Alstom, which ALA now controls only about 25%. Hope for a good announcement Thurs when they release H1 earnings.
Yeadon


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