Alcatel-Lucent is HUGE, their patent inventory is HUGE, there bureaucracy is HUGE, and their expenditure vs revenues are HUGE. That is the problem. ALU is too HUGE for their revenue and my understanding is that labor protections are also HUGE in France making it almost impossible to downsize labor force.
GLTY on your shares. I won't say never but ALU is not for me at this time.
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