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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (12196)3/9/2003 8:04:34 PM
From: James Strauss  Read Replies (3) of 13094
 
Analyst sees possible bankruptcy (F)Ford The Daily Telegraph reports that a scathing examination by Sean Egan, founder of the Egan-Jones ratings agency and the analyst who reportedly predicted WorldCom and Enron would go bust long before Wall Street realized it, puts Ford's future in doubt; Egan offers 8 reasons why the co could be in serious trouble, including huge pension fund liabilities and a lack of cash to fund borrowings. "If it didn't have the name Ford, it would be in bankruptcy right now."

William:

I don't think they'll let Ford Go under... Who would want to see Peugot trying to fill the void... Let's all buy Explorers... : >

Jim
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