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To: elmatador who wrote (3816)3/24/2006 4:46:11 PM
From: Eric L  Read Replies (1) | Respond to of 9255
 
L'Alcatel

<< Consolidation: Alcatel, Lucent in $34 bln merger talks >>

Whoopee!

I bought a batch of shares in that LU dog on the strength of its share in CDMA infra and pending DO upgrades at almost precisely its (at that time) 52-week low of $2.36 almost one year ago (04/18/2005). I held through a high of $3.49 but not too long ago after they updated Q1 guidance I placed a GTC limit sell at $3.10 on the whole position and it hit this morning at 9:31 am on the possible Alcatel move. I'm sure it could move higher but I'm delighted to be out with a 31% profit.

Best,

- Eric -