Alcatel-Lucent (ADR) (ALU)

NicieNicie (32.38) Submitted: 8/19/07 3:25 AM : Start Price: $10.69 ALU Score: 33.93

If your ALU shares were converted from Lucent (the old Bell Labs), then you knew this stock was highly speculative to begin with -- and cheapened over time. I don't look for miracles today or tomorrow, but the French seem to be taking their US acquisition quite seriously. It might amount to something. Unless you need the money or hold a huge position, why not consider holding on to what you've got? Right now all telecom is a little nervous what with global competition and the explosion of IM, and any future liquidity crises arising from subprime mortgage failures will hurt hard. You could probably find a more conservative company easily (I'm into T), but that doesn't guarantee a future of blue-chip development--far from it. This is a cheap case to go rad, although I don't expect much of it until the next year or so.

Report this Post Replies: 0 | Reply