Amazing now that so much of this goes back to MCI's early 80's lawsuit against AT&T. Green's decision was in favor of MCI and the most competition possible. He made T a long distance and manufacturing company. T had to then separate from Lucent and manufacturing because of pressure from competitors. Manufacturing was left at the mercy of International competition and diverse pay rates. MCI has basicly disappeared. T because of the rise of mobile has been reborn as a telephone company. Now Lucent knows what it feels like to be at the mercy of Socialist voters on both sides of the Atlantic. Going by the Socialist book, Hollande will nationalize ALU. Remaining shareholders will lose 2.5B$
Yep, However folks still continue to drink the Kool Aid... BK is a more likely result. My shares are
so low it really doesn't matter any more. I quite frankly thought they would make the right moves
to save the company but that will not happen with the current management team.