Discuss Buy Siemens... at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; There seems to have been panic selling in the counter. In Germany (Frankfurt) , the ...
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There seems to have been panic selling in the counter. In Germany (Frankfurt) , the stock fell only 1.85% as broader markets traded weakly. I think this stock is a good buy at the lower prices now.
Its actually a 100 million Euro fraud in germany.Some Siemens top officers are involved in giving bribes to get contracts.So there were some raids in germany and those guys were caught.
I dont think it might impact the indian subsidiary. Only if the parent company closes down it could create a problem.
FIIs must have sold off on this news...
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24th November 2006, 07:29 PM
Re: Buy Siemens...
