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Non-Tech : GM - General Motors -- Ignore unavailable to you. Want to Upgrade?

To: Investor-ex! who wrote (114)	7/30/1998 6:02:00 AM
From: Thomas Haegin	Read Replies (1) \| Respond to of 543

I am not excited about the settlement, but it's a settlement and gives them certain non-strike assurances. Also, maybe and hopefully they will work more cooperatively together in the future. The next important date is what's coming out of the Board meeting of 08/03, allthough drastic measures seem unlikely. Slowly, slowly the costs will come down. I see a process over many years, but one day they'll be lean, too. The UAW sits at the short end ulitmately, IMO. I bought yesterday during the initial weakness. I think it was a gift. In for the long term, Thomas