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For my sake, I hope you're wrong, too.
Posted by Dave, part owner of GM [Email] (more from Dave, part owner of GM) on Fri, 18 Mar 2005 18:53:16
In Reply to: The car biz is not free...., Mark, Fri, 18 Mar 2005 10:37:10
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I don't think the car business has a huge negative value as you suggest. Most of GM's debt is related to GMAC, not the car operations. And there is a LOT of cash on the books.
So, as you say, for my sake, I hope you're wrong and I'm right. In any case, I didn't bet the farm.
Best regards,
Dave
posted by 24.206.74...
Posts in this Thread:
- GM Stock bit the dust (Dave in Houston, were you in ?), PR, Wed, 16 Mar 2005 19:12:34
- Not very reasuring, No.9, Thu, 17 Mar 2005 07:13:43
- Re: Not very reasuring, compaqted, Thu, 17 Mar 2005 07:49:03
- Why the HECK buy GM?????, Mark, Thu, 17 Mar 2005 10:36:41
- I bought it for GMAC., Dave in Houston, Thu, 17 Mar 2005 19:57:39
- Carly Fiorina school of (mis) management ;) NM, Trev, Thu, 17 Mar 2005 17:20:14
- Re: Why the HECK buy GM?????, No.9, Thu, 17 Mar 2005 13:28:07
- So are you shorting?, Bill Homer
, Thu, 17 Mar 2005 11:54:09
- I'm not a gambler, but....., Blob, Thu, 17 Mar 2005 05:12:09
- I bought a few shares yesterday..., Dave in Houston, Thu, 17 Mar 2005 04:20:44
- I was planning to sell mine Tuesday, rats......, MI-Roger
, Thu, 17 Mar 2005 03:27:23 - It's in the DJIA 30 too..., Scott Paterson
, Wed, 16 Mar 2005 20:02:21
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