123c5964cb8b
tech



Hello Tom - 

CA>>> Speaking of GM is it true that oen rating service rated
CA>>> theri Bonds as "JUNK"?? 

CA>> I've read something about that but it's a red herring. GM
CA>> is trying to renegotiate medical benefits for it's
CA>> retirees and wants to look 'poor' for the negotitiations.
CA>> When they have stolen back as much as possible from the
CA>> retirees watch GM stock jump afterwards. Probably a 30% or
CA>> more gain almost immediately. 

TW> OK that makes some sense. Although the US division of GM
TW> has been hurt by teh great popularity of the Foregin cars. 

I don't see a GM automobile I would be willing to pay for. The
so-called 'styling' is at the level of a 12 year old scribbling
with a crayon IMO. 

TW> OF course their Overseas divisions do quite well but they
TW> are Hidden by yhe Bean counters so the US group have to
TW> rise or fall on their own. 

It is also true that GM, Ford, and Chrysler own a good sized
chunk of those same Japanese automobile companies. 

>
>        ,                          ,
>      o/      Charles.Angelich      \o       ,
>       __o/
>     / >          USA, MI           < \   __\__
 

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