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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.12-0.4%Dec 22 3:59 PM EST

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To: Proud_Infidel who wrote (67408)3/18/2005 5:20:22 PM
From: Amy J  Read Replies (1) of 77400
 
GM's bonds tanked by 10%. They were expecting a break-even but had a $1.50/share loss. Ouch.

So now any equity that's capital intensive is under question too, apparently.

Don't recall exactly, but believe at some point GM was only earning 1/3 from their auto sells while the majority was thru their finance division.

Never understood why they ignored fuel efficient cars either. OTOH when one drives through the middle of the country and rural areas, am always amazed to see the super huge cars/trucks/SUVs, so maybe they are responding to the middle.

Like you, I sure hope they have something sleek and efficient in the pipeline!

Regards,
Amy J
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