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


To: Jorj X Mckie who wrote (30412)3/4/2003 9:22:02 AM
From: Oral Roberts  Read Replies (2) | Respond to of 57110
 
From: briefing.com:

07:37 ET Auto makers to cut output amid weak February sales
The Wall Street Journal says that GM's and F's decision to reduce production in Q2 could have widespread implications for the economy, as the industry accounts for 1/5 of the U.S. economy and has been a key driver since the terrorist attacks of Sept. 11, 2001. "We'd describe February with 3 W's -- weather, war and worry," Chrysler's sales chief said in a conference call with analysts and media


I supply ductwork to a foundry that makes parts for Ford. They are closed for the first 2 weeks of March and perhaps the 3rd also. Several of us pointed out that 0 financing was just moving buyers forward in their cycle and would burn their market later. I believe that is now coming home to roost.



To: Jorj X Mckie who wrote (30412)3/4/2003 9:28:43 AM
From: TimeToMakeTheInvs  Read Replies (2) | Respond to of 57110
 
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