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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?

To: Straight Up who wrote (7413)	12/6/1999 9:27:00 AM
From: John Madarasz	Read Replies (1) \| Respond to of 10081

One problem with the takeover scenario... is a paucity of potential bidders. GM may not be the colossus it was in the 1960s, but its market value is still $48 billion, and it employs nearly 400,000 people around the world. Barrons Article: Part 1 messages.yahoo.com Part 2 messages.yahoo.com Part 3 messages.yahoo.com Don't understand the rational that the Onstar deal would fall through on a buyout...Why? GM shares are up over 28% in 1999, while Ford shares are down about 11% and DaimlerChrysler is off about 30%. It seems to me , if anything, the gist of the article is that GM would be best served by selling off GMH. Sounds mostly like speculation... GM's fans continue to sit tight, awaiting an eventual unlocking of some of the value in the company. "It's a ridiculously cheap stock," says David King, manager of the Putnam Growth & Income fund, a GM shareholder. Regards, JM