24/7 Wall St.

In the land of telecom and communications equipment and services, perhaps Alcatel-Lucent (NYSE: ALU) is only the second worst company of the last decade of the old one-stop leaders.  At least it has Nortel to point to as the worst.  Alcatel-Lucent has been a disaster for shareholders and today’s latest earnings report is not going to make matters much better.  Back when the Alcatel and Lucent merger was announced there was a huge concern over the advantages that the French company would get because of that massive patent portfolio of Bell Labs.  But it seems nothing can help Alcatel-Lucent.  Things sound good on the surface because of a small profit, but there is very little good news in the earnings report.

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About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on May 8, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

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