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Technology Stocks : ACII - AmeriChip International, Inc
ACII 25.390.0%1:34 PM EST

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To: wso2 who wrote (2350)11/25/2008 1:28:11 PM
From: BarclayDonaldson  Read Replies (1) of 2396
 
wso2: Even LACC couldn't help the "Little 3" at this point, health care and pension obligations will continue to crush them. Even if the government gave them the $25B, they would be back for more a few months later. They can NOT compete with the Honda's and Toyota's because their labor costs are significantly higher, even after the union takes over the pension plan. I'd like to see Honda/Toyota adopting LACC because they have a better chance of survival than GM, Ford and Chrysler.
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