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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Pete Bilden who wrote (1422)	7/16/1998 9:16:00 AM
From: Pete Bilden	Respond to of 2346

GM: Is anyone buying GM in the hopes they will break the union and prevail in this strike? Conventional wisdom is that this strike is the "do or die" for GM. If they win, they bring their production costs in line with Ford and Chrysler - a critical step to staying competitive. If they lose, the union has succeeded in keeping costs high and GM a bloated, overcost producer. Jim Cramer has opined he believe the stock will double - yes, double - if GM prevails in this strike. Anyone biting? Pete