Siemens: Too Big To Avoid Getting Hurt?

Analysts fear the company will repeat its up-and-down history

The weather in Spain on this particular day looks a lot like the world economy: bright sunshine interrupted by sharp bursts of heavy rain. But Roland Koch, a member of the management board of German electronics giant Siemens, is cheerful. Does he think the market turbulence means bad news for Siemens? "I'm not concerned, I'm excited," he says, sitting in a Seville hotel suite. "We've been in the business long enough. We went through an Asia crisis--we went through many things."

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