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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (594161)11/23/2010 5:52:55 PM
From: Tenchusatsu  Read Replies (3) of 1580225
 
Ted, > assuming we have bottomed in the car industry

a) The auto industry might have bottomed, but it sure isn't growing either.

b) My INTC stock has a better chance of appreciating 50% over the next two years than GM.

c) It is unlikely that the government will wait until break even before selling off its stake. Breaking even is meaningless except from a PR standpoint. If this really is about saving a couple of million jobs as Alghieri claims, then losing about $20B in the whole thing is cheap.

Tenchusatsu
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