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To: William Hunt who wrote (22772)	2/13/1999 9:37:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny ---The bids have to submitted by FEB 15---doubt they would award the contract until they had a chance to review the bids :1/24 04:30 Saudi sets new Feb deadline for telephone project MANAMA, Jan 24 (Reuters) - Saudi Arabia has set a new February deadline for firms to resubmit bids for a telephone project that will add two million lines, doubling the capacity of the creaking network, an industry source said on Sunday. The Saudi Telecommunications Company in Riyadh had previously asked international firms to submit their offer by November 30 -- giving them only one month's notice. "We have submitted our offer before, and we are again asked to submit a new offer by February 15," one official at Ericsson <LMEb.ST> in Riyadh said. "All the companies have been invited to submit new offers for this tender. The deadline is February 15." Six international firms are vying for the contract, worth about $5.5-$6.5 billion and due to be completed in two years. They are Lucent <LU.N>, Alcatel <CGEP.PA>, Siemens <SIEG.F>, NEC Corp <6701.T>, Ericsson and Northern Telecom <NTL.TO>. Demand for telephone lines in Saudi Arabia, the world's biggest oil producer and exporter, is growing rapidly, but financing of massive projects is difficult because of weak oil prices. The kingdom, with a population of around 18 million, has just over two million telephone lines, industry sources said. They would not say how the project was to be financed. They said the introduction of the Internet in Saudi Arabia in January had put more pressure on existing telephone lines. In 1994, AT&T Corp <T.N> won a $4 billion deal to double the telephone network in Saudi Arabia. The project was partly financed by Chase Manhattan Cor Sorry for the confusion BEST WISHES BILL

To: William Hunt who wrote (22772)	2/16/1999 1:01:00 AM
From: Sonny McWilliams	Respond to of 27012

Hello Bill. LU. Good thing I did not think about it this weekend. gg. But thanks for sending me the 2 posts. Well, one was to you. I decided to take a break from the thread this weekend. It looks like most everybody felt the same way. Unbelievable. I just checked the Globex and it looks pretty good. NAZ up 1200 and the S&P up over 500. I know it does not mean that much but it is still better than seeing red at night. Japan was up earlier about 2% but ended the second session just below 1%. China and Korea were up nicely and Europe was practically flat today. I did listen to a cpl of business shows on tape and consensus still is that the techs will be fine. As far as Dell is concerned, sev. analysts think that Dell may come in with even higher sales numbers than expected. I also heard that the build up of ADSL should be good for LU. I would love to be able to check the market action tomorrow but will probably not get a chance until later in the afternoon. Sonny