The cloud market expected to grow to $177 billion over the next three years so it would be foolish for Cisco to not consider acquiring Alcatel-Lucent at a time when ALU shares can be had for pennies on the dollar. For that same reason, it would also be foolish for investors not to consider ALU.
Although carrier spending has yet to fully recover, industry experts believe an increase in demand is imminent, although to what extent remains to be seen. But 2013 can't possibly be worse. This was precisely what Oracle was thinking.
At the time of publication the author had no position in any of the stocks mentioned.