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

To: dougjn who wrote (181)	9/17/1998 9:57:00 PM
From: Yeadon	Read Replies (2) \| Respond to of 285

Has anyone heard revised earnings estimates yet? I am surprised at the size of the price fall today. ALA punished not only for missing numbers but also for misleading analysts (and DSC). Likelihood of lawsuits also a drag on price. ALA chief has lost credibility on the Street and that will hurt price also. But decline seems to be overdone. ALA still growing, profits rising, just more slowly than expected. Compared to MOT, ALA seems cheap. But cheap can get cheaper. Let's hope for a bounce. Yeadon