More on LML “rebirth”

lml-star.jpgIndian news has been closely following the news of LML’s return. Indian station CNBC-TV18 interviewed LML Vice President RK Srivastava, who made it clear Piaggio is not involved in the recovery. DNA India had a bit more detail, but not much, a few days after the original announcement. The loudest chatter came from several Indian investment experts, who warned against investment in LML, reminding us that they were, lest we forget, losing money for years before the lockout and a speedy return to profit is unlikely.