Alcatel-Lucent (ALU +6.9%) finishes the day with another solid gain; shares are now up 35% since...

|By:, SA News Editor

Alcatel-Lucent (ALU +6.9%) finishes the day with another solid gain; shares are now up 35% since the struggling telecom equipment vendor announced its debt refinancing deal. The Fool's Rich Smith recently suggested investors remain cautious, given Alcatel burned $386.5M in cash in Q3 and pledged a patent portfolio estimated to be worth ~$6.5B as collateral (among other things) to secure its financing. (yesterday)