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Sara Lee Corp. Message Board

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  • drcas drcas Jun 14, 2005 11:47 AM Flag

    Breaking support @ 20? 18 soon?

    Don't rely on the technicals. SLE will have one more disappointing quarter which will push it down to 18 or LOWER. Hopefully after that they will stop the bleeding. The real issue with the restructuring is that it will cost 1B. Additionally the process of bringing in a lot of new resources for the managers who do not want to relocate to Chicago is beginning. Might be great to bring in new blood but the risk is that they'll get the washouts from other corporations who don't know SLE's business. - A former IT worker.

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