Jay, don,t feel lonesome...I just can,t find any thing in the fundamentals that would cause the slowly lower drift,,,the management was up front that it would be 1999 before the GM contract would have any effect on earnings....but that should not cause the lower drift..management stated all was well and the added Ford contract would start to effect earnings beginning in May to the plus side...and if you are right ....if we can get some volumn, I don,t show any resistance until about 17 1/2,,,,but also show no support at the level we are at now...it is in the high $9,s as I seen it.....I guess you and I are the only ones left that interested in GNRL....I think it is a very much undervalued stock...IMO
bill h. |