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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (594164)	11/24/2010 12:42:41 PM
From: tejek	Read Replies (2) of 1580210

Ted, > assuming we have bottomed in the car industry a) The auto industry might have bottomed, but it sure isn't growing either. And you know that how? Are you following auto sales statistics closely each month? Is that how you have the audacity to speak out about an industry in which you know squat? Please enlighten us, o wise one. b) My INTC stock has a better chance of appreciating 50% over the next two years than GM. Yeah......not only do you not know squat about the auto industry but you know even less about stocks. Your INTC stock has done nothing for years as you well know and will continue to do squat going forward....whereas GM's stock is very likely to appreciate. Pray tell..........what is the number one selling brand in China? 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. I don't think the gov't will lose a penny. And I suspect they will start selling their GM stock around the time of the 2012 presidential election. ;-)

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