In addition to Research In Motion, RBC's Mark Sue issued a critical note on Alcatel-Lucent (ALU...

|By:, SA News Editor

In addition to Research In Motion, RBC's Mark Sue issued a critical note on Alcatel-Lucent (ALU -3.2%) today, downgrading shares to Underperform and setting a $1 PT. Alcatel's interest payments make it tough for the company to generate positive cash flow, he argues, and its optical and wireless share losses will be tough to reverse given carrier purchasing trends. Also bothering Sue is Alcatel's gross margin, which fell 530 bps Q/Q in Q1.