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Alcatel-Lucent (ALU -13.4%) makes new 52-week lows after receiving unenthusiastic notes from...

Alcatel-Lucent (ALU -13.4%) makes new 52-week lows after receiving unenthusiastic notes from Morgan Stanley (Underweight) and Goldman (Neutral). The former is worried about a soft telco capex environment, and believes breakeven 2012 free cash flow is unlikely; the latter thinks Alcatel "could face liquidity pressures by 2013," should macro conditions remain weak. (Q3 results) (CEO issues)
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