View single post by oagaspar
 Posted: Sat Dec 19th, 2009 12:05 pm
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oagaspar



Joined: Sun Sep 4th, 2005
Location: Akron, USA
Posts: 28879
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 this news should be taken with a pinch of salt...as quoted in the same article by a well respected analyst ;)

This would send a bit of a bombshell through the industry if it happened as Swatch Group supplies about three quarters of the movements to the industry. It is quite a good business for them so I wonder if they really want to stop it," said Kepler Capital Markets analyst Jon Cox.

"I'm wondering if this is really serious, it seems an unusual thing to say and probably reflects the complaints they get from other watchmakers. I'd take it with a pinch of salt."