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

To: Steve Fancy who wrote (65)	10/5/1998 11:38:00 PM
From: Yeadon	Read Replies (3) \| Respond to of 3891

MOT reported that their cellular infrastructure group, which relies partly on DSC EMX switches, did very well in terms of both sales and orders for the Q, which is good news for ALA. ALA also just announced that they received a contract with Fujitsu from NZ. Another good sign is that volume was finally below average and ALA had some bounce today. Yeadon

To: Steve Fancy who wrote (65)	10/6/1998 1:20:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

IBM To Bring World Wide Web To France's Millions Of Minitel Users Dow Jones Online News, Tuesday, October 06, 1998 at 01:07 (Published on Monday, October 05, 1998 at 22:05) By Raju Narisetti, Staff Reporter of The Wall Street Journal France Telecom SA has selected International Business Machines Corp. to develop software and services that could bring the World Wide Web to millions of customers who use Minitel, the French national computer network, according to people familiar with the agreement. The move, expected to be announced Tuesday by France Telecom, could spell the beginning of the end of France's isolation from the Internet and jump-start efforts to update the Minitel network. The popular Minitel system, one of the world's first online services, fell well behind as other countries quickly embraced the Web. While the Minitel is wildly successful -- it has 35 million subscribers who use the boxy terminals for everything from checking train reservations to shopping and paying bills -- only about 3% of the French population uses the Internet, compared with about 20% in the U.S. and 9% in the U.K. and Germany. Under the proposed agreement, IBM will roll out a pilot program in 1999 with a new software platform that will allow France Telecom to offer Internet-related services to its customers. France Telecom is expected to team up with other local technology companies, which will be asked to develop new devices that will eventually replace the millions of Minitel terminals with state-of-the-art Internet devices, say people familiar with the plan. In addition to upgrading the Minitel, both France Telecom and IBM are expected to jointly market the new system to national telecommunications providers in other countries. The new system will be based, in part, on the Java programming language of Sun Microsystems Inc. Terms of the agreement between IBM and France Telecom weren't available. France Telecom executives couldn't immediately be reached for comment. A spokesman for IBM, Armonk, N.Y., declined to comment. A successful transition to a modern Web-based system is critical for France Telecom, the state-controlled telecommunications provider that owns the Minitel network. Minitel terminals are used by tens of thousands of French shoppers to buy billions of dollars in goods and services, generating about $1 billion in annual e-commerce access revenue for France Telecom. As a result, France Telecom has maintained that it wants to develop a hybrid system that will, at least initially, let users access both the Minitel and the Internet from the same next-generation terminals. For IBM, which has built a big, global-services business, the Minitel contract represents a prestigious win, reinforcing its image as a provider of solutions to massive technology-infrastructure problems. The agreement will also likely spur speculation about France Telecom's standing in bidding for IBM's global-data network. IBM has hired Merrill Lynch & Co. to find a buyer for the network, which brings in an estimated $2 billion in annual revenue, and several other potential buyers are also in the running to acquire it, including AT&T Corp., British Telecom and Japan's Nippon Telegraph & Telephone Corp. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.

To: Steve Fancy who wrote (65)	10/6/1998 1:34:00 AM
From: Steve Fancy	Respond to of 3891

Another DSC Commun Hldr Suit Filed Against Alcatel Dow Jones Newswires -- October 5, 1998 NEW YORK (Dow Jones)--Another lawsuit was filed against Alcatel Alsthom (ALA), alleging the company and certain of its officers and directors violated securities laws. As reported, Alcatel and DSC Communications merged in a stock swap. An earlier lawsuit filed in Texas on behalf of DSC Communications shareholders alleged 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." In a press release Monday, a New York law firm said it filed the latest lawsuit in a New York district court on behalf of DSC Communications Corp. shareholders and purchasers of Alcatel Alsthom stock between March 19 and Sept. 17. The lawsuit seeks class-action status and the recovery of damages. Alcatel officials weren't immediately available for comment.