To get a sense of just how badly wrong the Alcatel-Lucent (NYSE:ALU) story has gone, consider that the combined company has never produced a full year of positive free cash flow since the 2006 merger. What's more, while the company still has very relevant share in areas like edge routing, rivals like Ciena (Nasdaq:CIEN), Huawei, and ZTE have been taking share, while companies like Nokia Siemens Networks get their acts together.
That's
all pretty well known, though, and part of the reason the stock sits
below $1.50 today. With a new CEO, new products, and new market
opportunities, perhaps Alcatel-Lucent has new life to offer
shareholders.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/042913/alcatellucent-looking-long-road-not-starting-scratch-alu-cien-csco-jnpr-eric.aspx
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