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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (13530)10/15/2004 5:14:54 PM
From: TH  Read Replies (2) of 116555
 
patron,

Hello!

Fix Or Repair Daily.

I work down at Ford about one day a week. The remaining employees (a lot less than in years past) are very skilled and good people. Still, I do not own Ford stock and will not. I think they will be the first to go bust or be absorbed in the years ahead.

The company I work for has been working for 2.5 years to validate a product/system that Ford-Europe has been using for about 7 years. This process saves 30% over the existing method. Do you think Ford has adopted it? NO! They can't even agree on global standards within the same company. Daimler, BMW, Rover, Scoda, VW, OPEL, all use this technology. This is Ford. Paralyzed by fear of warrenty claims.

And if Ford is bad, Visteon is worse.

Good Trading

TH
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