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Technology Stocks : Lucent Technologies (LU)
LU 3.120+11.4%Oct 31 9:30 AM EST

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To: Eric L who wrote (21800)10/27/2005 6:45:09 AM
From: elmatador  Read Replies (2) of 21876
 
Will we see ALALU (alcatel + Lucent this time?

Message 15853574

I got right Marconi-Ericsson at least!

>>Lucent, of course, is not the only supplier wrestling with these problems; Nortel, Alcatel, Siemens, Motorola and others face similar issues. Analysts say that given the challenges the companies face, though, some of them may ultimately have to merge. And that has started to happen already. Siemens, for instance, sold off its struggling cellular handset business in June to a Taiwanese company, BenQ. And on Tuesday, Ericsson bought most of Marconi's network business for £1.2 billion, or about $2.1 billion.

While merger talk waxes and wanes, Lucent has been unable to shake speculation that it could be bought by Motorola, which also has a network equipment division, or a European rival like Ericsson or Alcatel.<<
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