To conclude, I think it's safe to say that Alcatel-Lucent did have a fabulous quarter, showcasing its improvements in profit and balanced demand. For the last few months investors have speculated that Nokia would not have purchased the entire company had it been able to just get the IP routing business, but I think Alcatel-Lucent is proving that it has a lot to offer, and is diversified, thereby making the investment appeal of Nokia and Alcatel-Lucent that much more appealing
Had the merger deal been sincere, I believe that Michel Combes would have stayed until the end. Something drastic must have happened with the BOD for Michel to leave on July 15.
Time will tell. At the rate ALU is improving we might find some changes from the BOD of the merger transaction.
It can happen. After all FTR was at $9.1/sh. on November 8, 2010.
Sentiment: Strong Buy