It's official: Many investors have officially given up on beleaguered telecom infrastructure play Alcatel-Lucent. After it reported largely weaker second-quarter numbers, wider losses, and more layoffs, several analysts actually issued target guidance for the company at a depressing $0. Of course, this seems amazingly bold. However, Alcatel's recent struggles have been undeniably ugly. So given all the recent noise surrounding the stock, is it done for good? Our technology editor weighs in on these especially bearish calls.
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