Is This the Nail in the Coffin for Alcatel-Lucent?
It's official: Many investors have officially given up on beleaguered telecom infrastructure play Alcatel-Lucent. After it reported largely weaker second-quarter numbers, wider losses, and more layoffs, several analysts actually issued target guidance for the company at a depressing $0. Of course, this seems amazingly bold. However, Alcatel's recent struggles have been undeniably ugly. So given all the recent noise surrounding the stock, is it done for good? Our technology editor weighs in on these especially bearish calls.
The mobile revolution is still in its infancy, but with so many different companies it can be daunting to know how to profit in the space. Fortunately, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that tells you how. Inside the report, we not only describe why this seismic shift will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
The article Is This the Nail in the Coffin for Alcatel-Lucent? originally appeared on Fool.com.Andrew Tonner has no positions in the stocks mentioned above. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.