Date: Fri, 22 Apr 2005 00:44:58 GMT From: dxyzcnospamam.com Subject: Re: GM posts $1.1 billion loss
On 4/21/2005 6:13 PM, PAPAGENE4JACK wrote: > Hi matt Gm has over 36 billion in cash in there coffers. In addition they > have another 14 billion in there insurance fund which they are allowed to > tap at any time. Dont count gm out yet all the car companies are having > bad times. But when it turns and gas starts coming down they will bounce > back bigger than ever. Im sure there next qt will be better. In the > meantime watch there stock its a good buy right now and its paying a 7.8 % > dividend sincerely papa > It's paying a dividend when they make a profit. Things don't look good in the near term; especially the healthcare costs. I really think GM has to change its marketing and product development. The upcoming Solstice and Sky may be a good sign if there are no quality problems. I think with the right attitude GM can bounce back. D
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