Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (13160)	11/15/2002 10:25:30 AM
From: Oral Roberts	Read Replies (2) \| Respond to of 57110

Perhaps GM will add a $1000 savings bond and negative interest coupled with selling cars at a loss in order to ramp up their sales next. The auto makers business model right now doesn't make a lot of sense to me. Borrow money and pay people 7% on some of their bonds and then lend that money at 0 interest. Sell cars at a loss in order to keep factories running so you can sell more cars at a loss. Buy high, sell low and make up the difference in volume. I realize that I am only a tin bender but that seems like dairy farming to me where you add more cows in order to sell more milk at a loss in order to try and survive. Being in the dairy state I can tell you from experience that model hasn't worked worth a shit.