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Stocks L / LM Ericsson Telephone Co.
|Subject: Re: Down 25% in one day?||Date: 10/19/2007 5:06 AM|
|Author: geho||Number: 2782 of 2787|
A) He lied
B) He really had no idea what was going on
C) Something truly monumentally bad happened during the last weeks of September...
I tend/ want/ wish to believe that the answer is "B", even though None of the options seems very good.
Looking at my cristal ball I can see heads rolling and tighter controls being introduced. I have faith (is that what it takes?) in Mr. Svanberg that he will get the company back into line.
It remains to be seen how long that will take though.
What I am looking for in the quarterly report are answers to the following Q:
What is the progress on the integration of all the newly acquired companies?
What is their contribution to top- and bottomline and margins?
Clarifications on the hinted change in strategic focus.
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