Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (816)	9/30/1998 11:00:00 PM
From: porcupine --''''>	of 1722

The two big U.S. auto makers say they are poised to resume making $1 bln a year profits soon in Europe, the Wall Street Journal reported Wednesday. The resurgent confidence of GENERAL MOTORS CORP and FORD MOTOR reflects substantial restructuring of their European operations in the past year or so, the introduction of promising new high-volume vehicles, and new management, the report said. At the same time, GM and Ford executives acknowledged in interviews Tuesday they are up against the stiffest competition they have ever faced in Europe. (Reuters 05:52 AM ET 09/30/98) For the full text story, see infobeat.com

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