Dave -- Assuming (which I do) that Dain sold their entire (minuscule) position at the average price on the day (12/20/00) when they downgraded the stock (which makes sense -- why should the firm own the stock if their analyst has it rated Neutral?), they've just missed out on a double over the past month. Oh, well, timing's everything.
Of greater interest is Prudential Securities' Auto Conference in New York on 2/8 . . . For the first time, they are expanding the conference to include the services aspects of the auto industry, e.g., e-business (telematics), financial services, parts/service, etc. Among the key speakers will be Chet Huber. Whether or not he says anything about GMGC and/or Virtual Advisor in his formal OnStar remarks is anybody's guess, but if not it's likely to come up in the Q&A. Hopefully, he'll have some favorable things to say . . . we'll see.
ea |
