Ferrari Mailing List: Re: RACE

[Luke Graves (buyer1]

WTF who are these guys?

---

From: Ferrari [mailto:ferrari-bounces+buyer1=airmail.net [at] ferrarilist.com] On Behalf Of Erik Nielsen
Sent: Wednesday, August 1, 2018 7:16 PM
To: Col Luke Graves
Cc: The FerrariList
Subject: [Ferrari] RACE

Damn, they just threw a warm body under the bus, that didn’t take 
long.

Ferrari stock prices are collapsing after the new CEO said that former CEO Marchionne's 2022 targets for the company were "aspirational" which has seemingly been interpreted by investors as 'make-believe'.

• *FERRARI CEO CAMILLERI SPEAKS ON CALL WITH ANALYSTS

• *FERRARI CEO: 2022 TARGET SET BY MARCHIONNE WAS `ASPIRATIONAL'

• *FERRARI CEO: 2022 TARGETS BRING RISK, OPPORTUNITIES

Camilleri confirmed that the company will lay out a strategy for reaching the targets in September, suggesting to investors that there is no clear strategy currently.

RACE is now down 11%...

Sent from my iPad