My WAG is the deal goes through… but projected synergies don’t materialize, stock continues long slow decline, accelerated by the exit of remaining engineering talent (for example, GOOGLE is hiring them ASAP) resulting in the company falling further behind the technology curve and experiencing a rapid revenue/earnings decline in 2007.
In summary, Top Management of both companies reap $ Millions, while shareholders, employees, LU retirees and end users of communication equipment (what’s that list cover, like ~68% of the world’s population?) see their investment decline and the quality of Telephone, Mobile and Data Access fail to rise to the level that we should expect in the 21st Century.
Other than that, Bell Labs is included in the deal. So, for ~$2.00 a share the French get employees that have generated more than 40,000 inventions since 1925. For a point of current reference: The average home contains at least 25 products that stem from Bell Labs innovations, including phones, TVs, remote controls, VCRs, radios, stereos, CD players, and computers.
bell-labs.com
Please vote ‘Against’ the merger and we can vote the current LU BOD/Management cronies out next time.
Thanks |
