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Strategies & Market Trends : Value Investing

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To: anializer who wrote (29850)4/24/2008 9:12:35 AM
From: E_K_S  Read Replies (1) of 78751
 
Hi anialzer - I was sure wrong on ABB to sell out my entire position. They reported blow out earnings.

ABB shares jump on 87% first-quarter profit rise

marketwatch.com

From the article:"... Orders at the firm climbed 28% to $10.9 billion, bringing the backlog at the end of March to $26.8 billion, up 46% from the same point a year ago.
Profit, sales and orders all came in above analyst expectations.
"Demand from utilities and most of our major industrial markets remained strong around the world, especially in emerging economies, but also in the U.S.," ABB said. ..."

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Good work on staying with the theme. The stock is testing its all time high, up over 6% this AM.

EKS
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