real-time news and commentary for investors
Wednesday, May 16
2012, 10:32 AM
Nomura's Stuart Jeffrey thinks Alcatel-Lucent's (ALU +3.8%) May 22 core router announcement...
Nomura's Stuart Jeffrey thinks Alcatel-Lucent's (ALU +3.8%) May 22 core router announcement could be a game-changer. Alcatel's success in the edge router market (it has a 24% share) suggests it has a shot at disrupting Cisco (CSCO) and Juniper's (JNPR) near-duopoly in the core, Jeffrey argues, and a 10%-20% share would result in a 6%-14% 2014 operating income boost. Alcatel's carrier switch/router business was a bright spot in a dismal Q1, growing 23.5% Y/Y.