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Technology Stocks : Orbital Engine (OE) -- Ignore unavailable to you. Want to Upgrade?


To: James W. Bradsh who wrote (4836)2/13/2003 5:41:15 PM
From: Daddy  Read Replies (1) | Respond to of 4908
 
Brad, thanks for the reply.

I wish I knew also what GM's intentions were with regard to OCP. It may be about time for me to purchase more shares... since the new management seems to be getting things in order, (not that I had anything against Schlunke)... if the general market doesn't get any worse.

Would rather buy a company with good management and fair technology than a company with great technology and poor management... although this company seems to be pretty good in both respects.

OT ...somewhat... thoughts for the day.

I would like to see the air and water cleaner, less destruction of the environment and corresponding loss of habitat (we are losing species at an alarming rate...and perhaps at some point the "human species").

However, I am not quite willing to put all the blame on the oil and gas, and automobile companies... (and I am not saying that you meant that in your post)... but, perhaps the world population growth has a lot to do with it and the ever greater need for more energy and desire for a higher standard of living by all people. I am not much different, it is nice to have a cozy, warm home, with two vehicles in the garage.

I do not know exactly what the reasons are for GM (and the other car companies) not to go with more fuel efficient vehicles, but if it is because they have to make money and stay in business (and pay for employee retirement plans) then perhaps they have some justification for not making fuel efficiency a major factor in their marketing choices... ie, choosing an XXX% markup in a stereo system over a cleaner more fuel efficient engine component... I wish I knew if that was the case or not.

I know this is drastic and will never happen... but perhaps we should nationalize the car companies and tell them just how much profit they can make and what the fuel efficiency has to be etc... etc... We all know that if the foreign companies were to take more and more market share and drive them out of business, we, the taxpayers, would be the ones to foot the bill anyway.... for the huge loan/gift to the companies so they would not go under.

Dennis