Alcatel-Lucent; Aastrom Biosciences; Google

I took the week off from paying much attention to the stock markets and now that I've gotten around to looking at last week's performance all I can say is... Yuck!

Alcatel-Lucent (ALU) hit a new 52-week low of $0.91 on Thursday (02012.10.11). It's a bummer ALU is once again a penny stock (although it did end the week at $1.00).

Aastrom Biosciences (ASTM) hit a new 52-week low of $1.44 on Tuesday (02012.10.09) and this is a major bummer. ASTM's CEO is quitting, so the company is searching for a replacement. The company needs to attract somebody with a strong resume.

Google (GOOG) failed to hit any new highs this week, yet numerous investment firms have increased their GOOG target prices to the $850-$900 range. My initial target remains $2000. GOOG closed on Friday, 02012.10.12, at $744.75. 52-week range: $556.52 - $774.38.