GM - General Motors Message Board

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Non-Tech : GM - General Motors

GM 68.84

+0.1%

3:59 PM EST

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To: stats77 who wrote (262)	7/1/2001 8:29:31 PM
From: John D. White	Read Replies (1) of 543

GM was the second best performing DOW stock YTD and not a single "analyst" rated it a buy. In contrast there were hundreds of buy ratings on EXDS, JDSU, and LVLT alone. All those buy ratings coming off tech stocks will end up somewhere - just too much cash on the sidelines and all the mindless money running drones are demanding professional advice. They need high cap and they need liquidity. Energy and drugs just flopped and chemicals aren't too hot either and here we are trying to put a summer rally together. I bet GM hits 70 before it sees 60 again. We'll see. John

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