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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Hold ALU
down 26.72 %

Alcatel (ALU) rated Hold

Posted on: Monday,  Sep 17, 2007  9:25 AM ET by UBS

UBS rated Hold Alcatel (NYSE: ALU) on 09/17/2007. Previously UBS rated Buy Alcatel (NYSE: ALU) on 08/01/2007., when the
stock price was $11.75. Since then, Alcatel has lost 26.72% as of 09/17/2007's recent price of $8.61.
If you would have followed the previous UBS's recommendation on ALU, you would have lost 26.72% of your investment in 47 days.

Alcatel Lucent provides product offerings that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end users. It offers fixed, mobile and converged broadband networking, Internet protocol (IP) technologies, applications and services. It has operations in more than 130 countries. The Company operates in three business segments: Carrier, Enterprise and Services. The Carrier segment supplies a portfolio of products and solutions used by fixed, wireless and convergent service providers, as well as enterprises and governments, for their business critical communications. This segment organized into seven business divisions: fixed access, Internet protocol (IP), optics, mobile access, code division multiple access (CDMA), applications and multicore.On October 7, 2008, the Company completed the acquisition of Motive, Inc.In July 2009, the Company acquired Velocix.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2007 9:25 AM Hold
None
8.61
as of 12/24/2008
1 Week down  -0.41 %
1 Month up  28.72 %
3 Months up  22.22 %
1 YTD down  -54.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2007 9:25 AM Buy
None
11.75 16.44

(*) Stock Price at the time of the recommendation.
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