Lightwave Logic, Inc. Message Board

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Technology Stocks : Lightwave Logic, Inc.

LWLG 4.655

-3.9%

3:59 PM EST

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From: gatesoft	11/19/2008 2:56:23 PM
	of 1811

Lots of volume today. A real tug-of-war. I wonder what's going on with LWLG? LMRA is also getting hammered today. Hopefully, the longs will win out. GATES. One last little nugget unrelated to LWLG. The auto industry will only get their bailout, if and when the UAW and the Big Three management make MAJOR concessions by renegotiating their contracts (circumvent the bankruptcy option). Also, the Big Three and suppliers need to renegotiate their contracts as well. Finally, the Big Three needs to present a viable roadmap for the future of the auto industry in America. Only then will Congress provide a relief package for the struggling auto industry. IMO, Americans do not want to subsidize an industry where most blue collar workers do not have a college degree yet make more than most workers who do have a college degree. (the average salary for a GM worker on the assembly line after 10 yrs. is approx. $80,000 per year - not including generous benefits). The Big Three and the UAW's backs are up against the wall. This is the time for both to make concessions. No meaningful concessions -- No bailout. Mutually assured destruction. GATES.

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