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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Bucky Katt who wrote (26591)10/11/2005 9:51:50 AM
From: tsigprofit  Read Replies (1) of 48461
 
More on Delphi:
What GM did - was take the most uncompetitive parts of itself say 10 years ago - the auto parts operations - and they put them in a unit called Delphi. Then, in 1999, they spun this unit off. It was uncompetitive, and now 6 years later - in 2005, it files bankruptcy.

So they essentially had the most uncompetitive part of GM separate - and go bankrupt already.

Very clever or sneaky, or just pragmatic - I'm not sure which.

My guess is this was the long-term plan/opion all along - as long as 10 years ago.
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