Computer Hardware

Alcatel shapes up as recovery play

14 Jan 2003

The group probably has the balance sheet strength to make it through the downturn. However, the shares discount a strong recovery in margins next year. It is too soon to say whether that is realistic.

Nokia warns on Q4 sales

10 Dec 2002

The Finnish mobile group is struggling to grow while handset prices are under pressure. Nokia may deliberately be clearing out old models. To justify its share price, it needs to sell bucketloads of new ones and soon.

Nokia warns on Q4 sales

10 Dec 2002

Technology stocks ripe for another short

5 Dec 2002

Will Logica/CMG merger benefit shareholders?

5 Nov 2002

This is a damn good deal for the CMG camp. But the Logica camp will only gain if expected cost savings recur year after year. This leverages the exposure of Logica's shareholders to the recovery in the IT services market.

Will Logica/CMG merger benefit shareholders?

5 Nov 2002

Alcatel flatters to deceive

30 Oct 2002

The French telecoms equipment group has taken advantage of falling sales to squeeze working capital and cut debt. This is unsustainable. Costcutting will still determine whether Alcatel remains viable in its current form.

Alcatel flatters to deceive

30 Oct 2002

Two portions of chips

16 Oct 2002

Heard in Europe: Losing hope for Altran

11 Oct 2002

Timing it right

30 Sep 2002

Heard in Europe: Ericsson’s irrepressible optimism

16 Sep 2002

Shrinking feeling

16 Sep 2002

Lesser of two evils

23 Jul 2002

Distressed Ericsson

19 Jul 2002

Heard in Europe: Nokia expects Christmas miracle

19 Jul 2002

Nokia’s Christmas wish-list

18 Jul 2002

On the defensive

16 Jul 2002

Juice sapped

9 Jul 2002

Moody bear

9 Jul 2002