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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (24403)10/21/2002 1:26:46 AM
From: elmatador  Read Replies (1) of 74559
 
<<record auto sales as a result of zero interest auto loans, yet the stocks of General Motors and Ford are making 52 weeks new lows and are now lower than they were in 1990>>

It is simple, that people who work for the automakers say:

"Damn the shareholders! We are here to keep our jobs. Lets sell cards for whatever prices so that we keep ourselves employed!"
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