Securing the funds is easing concerns of default and other risks. The gains are unlikely to last because there aren't any signs yet that earnings are recovering. You need money to restructure and all they have so far is the barest of necessities.
Koichi Hariya Quotes (3 Quotes)
The share issue is really just a first step, an indispensable step, in the recovery process. The big question now is what is it going to do with the chip, TV and appliance businesses.
They benefited from strong demand for flat-panel TVs during the holiday season sales period and other external factors, but it will still take some time for them to be truly competitive.
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