Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Crimson Ghost who wrote (5802)	11/15/2001 6:02:07 AM
From: Steve Lee	Read Replies (3) of 99280

What do you think of crude at $18.75? Might take a nibble for a DCB. Siemens up today in Europe on a smaller than expected loss. Looking at the details doesn't bode well for tech though, especially comms cap-ex. Siemens acknowledged that lower spending by the carriers is impacting its communications equipment businesses, the company added that it expects Power Generation, Medical Solutions and Transportation Systems to "continue their positive development particularly due to their considerable order backlog." As a result, Siemens said it's standing by its targets for improvements in operating profits by 2003, but that its communications groups "might take longer.

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