AlcaLu's Stock Drop
Guess what? It's gone down.
Today, the Alcatel-Lucent (NYSE: ALU) share price on the Paris Stock Exchange is €4.62, and while it's up by €0.01 today, it's already dropped by nearly 7 percent in 2008.
Last year it fell more than 50 percent.
AlcaLu is set to announce its fourth-quarter and full-year 2007 results on Thursday February 8. We'll be sure to come back and track the stock's progress between now and then.
In the meantime, we're making no more cavalier statements...
— Ray Le Maistre, Crystal Balls Editor, Light Reading