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To: John Koligman who wrote (182174)	9/29/2005 8:03:56 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 186894

I also recognize the ugly INTC chart: Message 21740568

To: John Koligman who wrote (182174)	9/30/2005 7:36:14 AM
From: sixty2nds	Respond to of 186894

More on GM...06:20 GM General Motors: Investors in GM grow more vocal - WSJ column (30.69 ) According to the WSJ's "Heard on the Street" column, it's getting to be crunch time for General Motors. Kirk Kerkorian has turned up the heat, the credit-ratings co's are growing more cynical, and GM's share price is back below $31. Meanwhile, GM's Sep vehicle sales are expected to suffer b/c of high gasoline prices, and talks with the UAW and Delphi have yet to yield positive results. Now, as GM Chmn and CEO Rick Wagoner prepares for a board meeting next week, Street is asking questions. Mr. Kerkorian says he may request a seat on GM's board, and some money managers and big debt-ratings firms are also becoming more vocal, wondering what Mr. Wagoner and GM's board intend to do to save GM. "They're clearly not doing enough. This is a long cycle business. You can't churn out a new design in 6 months in reaction to problems," said Brian Bruce, of PanAgora Asset Mgmt. But Mr. Kerkorian may react much sooner than GM. According to GM Vice Chmn Bob Lutz, Mr. Kerkorian "smells a turnaround." Mr. Kerkorian and Jerome York have been relatively quiet in public. But people on Street are betting that will change. They believe Mr. Kerkorian can exert enough pressure on GM to raise GM's stock price in the near future. "This is a very intelligent individual who is going to be looking at the big picture in a long-term time horizon," said Dan Genter, of RNC Genter. "His individual involvement puts share power into the share price, and it could be purely an appreciation stock play," Mr. Genter said. But he said he doesn't think Mr. Kerkorian is after a short-term stock play.