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

To: Steve Fancy who wrote (225)	9/23/1998 2:11:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 285

DSC Communications Corp. Shareholder Sues Alcatel for Securities Fraud Announces Berman DeValerio & Pease LLP PR Newswire, Wednesday, September 23, 1998 at 11:56 BOSTON, Mass., Sept. 23 /PRNewswire/ -- Alcatel SA has been sued for violating the federal securities laws in a class action suit filed in the United States District Court for the Northern District of Texas on behalf of shareholders of DSC Communications Corp (NASDAQ:DIGI) who exchanged their shares of DSC for shares of Alcatel pursuant to a merger dated September 8, 1998. The action charges that Alcatel omitted from disclosure in the registration statement and prospectus it issued in connection with the DSC merger the material fact that it would not meet earnings expectations for 1998. Alcatel has admitted that prior to the close of the merger, it knew it would not meet earnings numbers for the year but withheld this material information from DSC shareholders so the merger could be effectuated without DSC shareholders learning the true information. On September 17, 1998 Alcatel revealed that on September 8, 1998, the day the DSC merger closed, it learned that "orders we previously thought were just to be delayed were turning out to be canceled." Alcatel waited until September 17, 1998 to disclose this information and its common stock price plunged 38.5% on this news, falling by $12 1/16 to close at $19 1/4 on September 17, 1998. Alcatel's stock price closed at $37 per share on September 8, 1998, the day of the merger. Claims are asserted on behalf of DSC shareholders for violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933. If you exchanged your DSC common stock for Alcatel common stock you may wish to contact Michael T. Matraia, Esq. or Jeffrey C. Block, Esq. of Berman, DeValerio & Pease LLP at 800-516-9926 regarding your rights and interests in this matter. You can write to us at One Liberty Square, Boston, MA 02109, or send us an E-Mail at bdplaw@bermanesq.com. You can also visit us at our website at www.bermanesq.com. In addition, under the federal securities laws you may, but not later than sixty days from today, move the court to serve as lead plaintiff of the Class, if you so choose. To serve as lead plaintiff, however, you must meet certain legal requirements. You may contact the attorneys at Berman DeValerio & Pease LLP to discuss your rights regarding the appointment of lead plaintiff. Berman, DeValerio & Pease LLP, with offices in both Boston and San Francisco has substantial experience in prosecuting class actions on behalf of defrauded investors and consumers. It has successfully litigated numerous actions charging companies with issuing materially false and misleading statements and has been singled out for its excellence by many courts. SOURCE Berman DeValerio & Pease LLP -0- 09/23/98 /CONTACT: Michael T. Matraia, Esq. or Jeffrey C. Block, Esq. of Berman DeValerio & Pease LLP, 800-516-9926/ /Web site: bermanesq.com

To: Steve Fancy who wrote (225)	9/24/1998 4:49:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 285

Notice of Class Action Alcatel Alstholm PR Newswire, Thursday, September 24, 1998 at 16:37 NEW YORK, Sept. 24 /PRNewswire/ -- Alcatel Alstholm (NYSE:ALA) was named a defendant in a class action lawsuit filed today in the United States District Court for the Southern District of New York, Civil Action No. 98-6757, on behalf of all persons who acquired Alcatel securities in the merger with DSC Communications Corporation (the "Merger"). The Complaint charges Alcatel and its directors with violating federal securities laws by artificially inflating the price of Alcatel's American Depositary Shares through the issuance of materially false and misleading statements in connection with the Merger, which concealed the Company's true financial condition and operating performance. Plaintiff seeks to recover damages on behalf of all class members and is represented by Weiss & Yourman, a law firm having significant experience and expertise prosecuting class actions on behalf of investors and shareholders in federal and state courts throughout the United States. In fact, Weiss & Yourman has previously successfully litigated class action securities law claims against both Alcatel and DSC, which culminated in settlements totaling scores of millions of dollars. The firm maintains offices in New York City and in Los Angeles. The firm has repeatedly been appointed by courts as lead counsel in numerous complex litigations and has recovered hundreds of millions of dollars on behalf of investors. To assure that you will be included in a list of class members, or if you wish to discuss this action, have any questions concerning this notice, or your rights or interests with respect to this matter, or if you have any information you wish to provide to us, please contact Mark D. Smilow by calling toll-free (888) 593-4771, or via Internet electronic mail at wynyc@aol.com or by writing Weiss & Yourman, The French Building, 551 Fifth Avenue, Suite 1600, New York City 10176. You may move to be appointed lead plaintiff by as early as November 18, 1998. SOURCE Weiss & Yourman -0- 09/24/98 /CONTACT: Mark D. Smilow of Weiss & Yourman, 888-593-4771, or wynyc@aol.com./