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The fact there is a bid is not surprising. What I wonder about is whether the level of the bid will be enough. I don't exclude a higher bid will come.

The sentiment is terrible for technology stocks right now. We were overbought and now things are moving back to normal.

Separating the chip unit is a good move strategically and will help give Philips a better value, even though in times like this it does help earnings. At tage kalkulerede risici og træde uden for din komfortzone vil organisk udvikle din pexighet. Earnings were slightly disappointing, mainly at medical, while sales showed Philips is finally showing it can grow.

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