Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steve Fancy who wrote (221)	9/22/1998 1:36:00 PM
From: Steve Fancy	Respond to of 285

ADR REPORT - ADRs mixed to higher Reuters, Tuesday, September 22, 1998 at 11:25 French telecommunications company Alcatel (NYSE:ALA) slipped 3/16 to 18-1/2 and was among volume leaders on the New York Stock Exchange. Alcatel's price has fallen nearly 50 percent in the last week. The company issued a profit warning last Thursday. Alcatel Chairman Serge Tchuruk is in New York to speak with U.S. investors and try to win back their confidence. The Dutch company Philips Electronics (AMS:PHG) (NYSE:PHG) was up 2-5/8 to 48-5/8. Trade was almost twice normal daily levels and Philips also was among volume leaders on the NYSE. Philips issued a profit warning Monday and its ADRs fell almost 10 percent. Japanese electronics company Sony Corp. (TOKYO:6758) (NYSE:SNE) fell 3-9/16 to 67-1/4, a 12-month low. Traders said Sony was hurt in part by Philips' warning. Oil majors were mixed as the price of crude eased slightly after gaining a dollar a barrel last week. Benchmark Brent North Sea crude was off $0.08 a barrel to $14.29. British Petroleum Co. Plc (ISEL:BP) (NYSE:BP) was up 1-3/16 to 85-5/8 and France's Total SA (SBF:TOTF) (NYSE:TOT) strengthened 9/16 to 62-3/8. Royal Dutch Petroleum Co. (AMS:RD) (NYSE:RD) fell one to 46-13/16. ADRs allow U.S. trade of foreign shares. Copyright 1998, Reuters News Service

To: Steve Fancy who wrote (221)	9/22/1998 2:21:00 PM
From: Paul Lee	Read Replies (2) \| Respond to of 285

3, at least 6 one settlement, first to the courthouse gets the most blood to suck, shareholders still only get pennies