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To: dbblg who wrote (104321)5/31/2000 6:09:00 AM
From: GST  Read Replies (1) | Respond to of 164684
 
Ganesh -- I think GM can withstand a decline in sales just fine. Their eps wil rise despite this with their strong cash position, cash flow and money from stock sale of hughes. They will use their cash to buy back shares big time to grow their eps by reverse dilution. It is a compeling buy -- even if it takes a few months for this to be obvious. Good to hear from you.