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.

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

To: bentway who wrote (447643)	1/15/2009 12:40:47 AM
From: tejek	Read Replies (1) \| Respond to of 1575626

Why hold when I can buy back in cheaper later? I bought at a $1.40 and don't expect it to get that low again.

To: bentway who wrote (447643)	1/15/2009 12:43:29 AM
From: tejek	Respond to of 1575626

Ford’s Fields Says U.S. Auto Sales May Decline 9% This Year By Alex Ortolani and Thomas R. Keene Jan. 13 (Bloomberg) -- Ford Motor Co. is forecasting that this year’s U.S. sales of cars and light trucks may fall as much as 9 percent from 2008, when they reached a 16-year low. Industry sales will be 12 million to 12.5 million, with the first half weaker than the final six months, Mark Fields, the Dearborn, Michigan-based company’s president for the Americas, said today in an interview on Bloomberg Radio. The total last year was 13.2 million. “After the last couple years, we hope we’re at a bottom because it’s a pretty low level of activity for the industry,” he said. Another industrywide decline would be a challenge for Ford, General Motors Corp. and Chrysler LLC, which have been losing sales at a faster rate than their overseas competitors. Sales fell 21 percent last year at Ford, the second-largest U.S. automaker, compared with 18 percent for the industry. Ford has enough available funding for operations, Fields said. The automaker would need to tap a credit line of as much as $9 billion that it requested from the U.S. government only “in case the economy continues to deteriorate well beyond our assumptions,” he said.