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Stocks A / Alcatel Lucent

URL:  https://boards.fool.com/learn-the-lesson-of-alcatel-lucent-30407436.aspx

Subject:  Learn the Lesson of Alcatel-Lucent Date:  11/30/2012  3:50 PM
Author:  mendomann Number:  23514 of 23618

From the Yahoo Lucent5-5 Message Board:

When analog switching office replacement was completed by the Telcos 5ESS, the product that paid for everything - cash cow, was DEAD. LU had no revenue stream to pay for new developments. To top it off, 5E line cards became available by the thousands as broadband and mobile wiped out second lines.

LU died because it had no plan for broadband and obviously no product. LU died because it became technically obsolete.
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