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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (442439)	12/24/2008 1:07:37 PM
From: Alighieri	Read Replies (1) \| Respond to of 1577071

Yes, GM has lost some market share. TOTALLY TO BE EXPECTED. When you dominate a market and tons of new players enter the market, you're probably going to lose some market share. It doesn't mean your grossly incompetent. It means the competition is tougher. Particularly when the competition can build a unit for anywhere from $1,000 to $3,000 less expensively because of lower labor costs. Look, you are really dense. In the 70s, when the japanese started making inroads in the US, detroit sold junk. I mean junk. Body panels that didn't match, cars that rusted...these cars were so bad...and they have been playing catch up ever since. That's why they lost not some share, but a LOT of share...and their reputation with it. Al

To: i-node who wrote (442439)	12/24/2008 2:10:15 PM
From: tejek	Read Replies (1) \| Respond to of 1577071

GM is a great example of incompetent capital management. By Daniel \| December 3, 2008 In 2004 GM reported earnings of $4.76 per share and paid a dividend of $2 per share In 2005 GM reported earnings of -$18.78 per share and paid a dividend of $2 per share (!!) In 2006 GM reported earnings of -$4.29 per share and paid a dividend of $1 per share (!!) In 2007 GM reported earnings of -$76.52 per share and paid a dividend of $1 per share (!!!) In 2008 GM has reported earning of -$37.52 per share in 3 quarters and paid dividends of $0.50 per share Lessons from this: 1) Never buy shares in a company that is losing money. 2) Don’t trust management that pay dividends with complete disregard for the losses they are incurring 3) Don’t bailout companies that behave this way. You only encourage them. investment-blog.net