Alcatel-Lucent vs. Cisco Stock Chart
Can you see John Chambers directing Cisco to buy Alcatel-Lucent?
I always find it amusing when desperate Wall Street investment bankers float takeover rumors in the hope of putting lackluster performing companies into play while also simultaneously inflating the laggard company's stock price.
My case in point? Alcatel-Lucent!
Alcatel-Lucent vs. Cisco Stock Chart
According to a recent Reuters story:
Alcatel-Lucent takeover on radar as sector shrinks
"Buying Alcatel-Lucent, with its higher cost base and broad portfolio, would only drag down Ericsson's profitability, Nomura Securities technology specialist Richard Windsor said. Cisco Systems, which has a massive war chest of cash, could also be interested to secure a better foothold in mobile and IP technology. To date, Cisco's strategy has been targeted, smaller acquisitions to add promising technologies to its portfolio. Its appetite for a larger, more complicated deal is unknown. A Cisco spokeswoman declined to comment on its acquisition strategy. An Alcatel-Lucent spokesman declined to say whether it would put itself up for sale or had hired bankers to advise it."
Personally, I've got to admit that I find Alcatel-Lucent's most recent Form 6-K filing with the U.S. Securities and Exchange Commission of keen interest:
Alcatel-Lucent Financials Read more
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