SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (30211)3/27/2003 12:56:51 AM
From: elmatador  Read Replies (1) of 74559
 
As the fight roars, some companies start buying on the cheap:

Plans by German industrial giant Siemens AG SIEGn.DE and German hospital equipment maker Draegerwerk AG DRWG_p.DE to acquire joint control of Draegerwerk's health care unit Draeger Medical AG "Co. KGaA (notified Dec 6/deadline Jan 21/in-depth probe set on Jan 22/deadline June 2)

Besides that Siemens want to gobble Alsthom too. Having a base in the US (it bought Westinghouse minus the nuclear power plant business) Siemens can benefit of reconstruction even though German-based firms won't get part of the deal.

Despite the bombardment of favorable news reaching the US citizens, the war will be decided by the body count. The body bags can't be disguised by favorable news.

Iraq wants the body bags to pile up as high as it can to turn public opinion in the US against the war. Strategy is: Block supply lines, get TV footage of destroyed truck convoys and soldiers and materiel stuck without fuel and running low in water and food.

Add to that:
1) more troops being sent in and;

2) In about ten days costs of the war on the overall business landscape starts to appear. things start looking less rosy.

Thailand: 5-star hotels occupancy dropped just a little. Thai airways passengers dropped just a little.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext