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

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

 OK that makes some sense. Although the US division of GM has been hurt
 by teh great popularity of the Foregin cars. OF course their Overseas
 divisions do quite well but they are Hidden by yhe Bean counters so the
 US group have to rise or fall on their own.
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 þ SLMR 2.1a þ This note from El Cajon California USA