Optical/IP Networks

Anyone for Tee?

5:00 AM -- The impending merger of Alcatel (NYSE: ALA; Paris: CGEP:PA) and Lucent Technologies Inc. (NYSE: LU), being voted on today (Thursday) by shareholders, might be an example of cooperation between the U.S. and Europe, but expect any transatlantic goodwill to evaporate on September 22, because the Ryder Cup is back.

The bi-annual golf tournament is one of the few times we Europeans get a chance to spank the Yanks, and we're looking forward to three victories in a row when the cup is handed back to the victorious European team at the K Club in Ireland on September 24.

And with such big names as J.J. Henry, Zach Johnson, and Vaughn Taylor on the U.S. team, maybe another nine-point victory is in the cards. Unless the European team implodes, of course...

Bring it on...

— Ray Le Maistre, Backswing Editor, Light Reading

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