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

To: Steve Fancy who wrote (220)	9/22/1998 1:00:00 PM
From: Steve Fancy	Read Replies (3) \| Respond to of 285

These law firms seem to smell blood. This is number three now? Anyone know how this works? First one to settle, or can each firm arrive at a settlement? sf

To: Steve Fancy who wrote (220)	9/22/1998 1:08:00 PM
From: Steve Fancy	Respond to of 285

Wechsler Harwood Files Class Action Against Alcatel Alsthom On Behalf of Former Stockholders of DSC Communications Corporation BusinessWire, Tuesday, September 22, 1998 at 11:04 NEW YORK--(BUSINESS WIRE)--Sept. 22, 1998--Wechsler Harwood announces the following: All institutions and persons are hereby notified that a class action lawsuit was filed on September 22, 1998 in the United States District Court for the Southern District of New York, on behalf of all persons or institutions who acquired American Depository Shares of Alcatel Alsthom (NYSE:ALA)("ALCATEL" or the "Company") by means of a prospectus (the "Prospectus"), which was filed as part of a registration statement (the "Registration Statement") issued and disseminated in July 1998 in connection with Alcatel's acquisition (the "Acquisition") of DSC Communications Corporation ("DSC"). If you acquired your shares of Alcatel pursuant to Alcatel's acquisition of DSC, you may, no later than November 23, 1998, move the court to serve as lead plaintiff, provided you meet certain legal requirements. The complaint alleges that defendants violated the federal securities laws, including Sections 14(a) and 20 of the Securities Exchange Act of 1934, as amended, and Sections 11, 12, and 15 of the Securities Act of 1933, as amended, by making false and misleading statements in the Registration Statement and Prospectus concerning, among other things, defendants' and Alcatel's failure to disclose that Alcatel would fail to meet projected sales and orders, which resulted in the overvaluation of Alcatel in connection with the Acquisition of DSC. Named as defendants are Alcatel and certain of its officers and directors. Plaintiff seeks to recover damages on its own behalf and on behalf of all persons whose shares of DSC were exchanged pursuant to the Acquisition. Plaintiff is represented in this class action by the New York law firm of Wechsler Harwood Halebian & Feffer LLP, which has extensive experience representing shareholders in class actions and has served as lead counsel on behalf of shareholders in many such actions. The firm's reputation and expertise in shareholder and other class actions have repeatedly been recognized by the courts. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests with respect to this matter, please contact Stuart D. Wechsler, Esq., Jeffrey A. Haber, Esq., or James G. Flynn, Esq. at Wechsler Harwood Halebian & Feffer LLP, 488 Madison Avenue, New York, New York 10022, or by contacting us through our web site at www.whhf.com, by e-mail at jhaber@whhf.com, jflynn@whhf.com, or by telephone at (212) 935-7400. CONTACT: Wechsler Harwood Halebian & Feffer LLP, New York Stuart D. Wechsler, Esq. Jeffrey A. Haber, Esq. or James G. Flynn, Esq. 212/935-7400 KEYWORD: NEW YORK INDUSTRY KEYWORD: GOVERNMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1998, Business Wire