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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (512)	7/14/1998 9:58:00 PM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

"GM, UAW made progress in weekend talks - WSJ" NEW YORK, July 14 (Reuters) - Though General Motors Corp. and the United Auto Workers failed to settle their confrontation during the weekend, bargainers made surprising progress, the Wall Street Journal reported Tuesday. The company and the union could not make any headway on the issue that sparked the UAW's strikes in Flint, Mich., June 5: GM's demands for productivity-related changes in work rules at a metal stamping plant. Neither side had substantially altered its stance from the beginning, people close to the situation told the New York daily. These people caution that differences remain over GM's demand for assurances of labor peace after the Flint strikes are settled and over issues at a second striking Flint parts plant, among other matters. But nearly all of those issues appear likely to be resolved fairly easily once the stamping-plant dispute is settled, these individuals say. ((New York News Desk 212 859-1700))