Alcatel-Lucent (ALU) Message Board

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Technology Stocks : Alcatel-Lucent (ALU)

ALU 3.460

0.0%

Mar 3 4:00 PM EST

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From: Sam	7/17/2012 10:36:47 PM
	of 176

ALU got slammed today, down to 1.12, a market cap of about $2.5b. I find it hard to believe that their patents alone aren't worth a fair portion of their current market cap. On the other hand, if they are bleeding cash, their debtors may get most of that. Incredible what has happened to two once great companies that didn't adapt to new realities. Some of that may be beyond their control to some degree--the French govt and unions probably make it nearly impossible to dispose of their land line business and restructure their contracts. However, I still blame management for not show the unions that they could easily drag down the entire company, and, if that happens, where will they be? That, at least, is my current take on this mess. If anyone is reading this thread (and I know that a couple of people have said they are in PMs) has another, please chime in. Could be a great buy at this level. Or not....

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