SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (153326)2/25/2002 6:35:27 PM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
I'm sure this was ignored, but I agree with this guy, FWIW:

cbs.marketwatch.com;

3:01pm 02/25/02 DBAB's Lache says GM looks 'overvalued' (GM) By Tomi Kilgore
Analyst Rod Lache at Deutsche Banc Alex. Brown said he wouldn't buy General Motors shares (GM) even if the carmaker reached its newly raised earnings outlook (see 7:52 item). He believes the stock is "overvalued," as the outlook for its credit unit represents a "major risk" to the company's earnings outlook. Lache added that GM's announcement of a convertible bond offering (see 8:04 item) is an acknowledgement by GM of the risks associated with pending sale of its Hughes unit (GMH) . He added that GM is facing a potential cash drain in 2002 for the acquisition of Korea's Daewoo, potential problems with its labor unions during 2003 and a potential Fiat put option exercisable in 2004. Meanwhile, the stock is being driven $2.24, or 4.2 percent higher, to $55.35.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News