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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Silver Super Bull who wrote (9772)4/15/2003 9:23:33 AM
From: LLCF  Read Replies (1) of 39344
 
<I was looking through the new Fortune 500 list and was stunned to see how low the market caps of General Motors and Ford are.>

You forgot to add their debt in. :)

F: 12.4Billion [mkt cap] + 6.5 Billion [pension shortfall] + 1 Billion [annual loss] + 162Billion [overall debt] - 25 Billion [cash]=

$ 157 Billion

Still, nice leverage if you think the company will return to profitability any time soon.

DAK
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