Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (178027)	7/8/2002 1:41:51 PM
From: MythMan	Read Replies (1) of 436258

I didn't buy RAD, I didn't buy T. I asked for opinions. F's problems are well known but I appreciate you laying them out for me anyway. >>why the company is no longer buying back stock or paying a decent dividend<< that statement can be applied to many well known companies. What is your point? They flipped some of the cash to this. quote.yahoo.com >>what your projection for F's credit rating is, and what credit rating you think its finance subsidiary deserves<< Ford Credit's senior unsecured debt rating is now A3 at Moody's with its commercial paper ranking also falling short of top tier at P-2. I don't expect that to change. F has never had any problems selling large amounts of paper. You are dwelling on many sins of the past. The stock is off 50% from it's high and I expect another 20% drop from here to $12. Then I'll load the boat based on my assessment of their new models in the pipeline. I'm also confident they will find a way to fund their legacy issues and resume growing the dividend. It's called a cyclical business, remember?

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