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

To: porcupine --''''> who wrote (193)	2/6/1999 3:30:00 AM
From: porcupine --''''>	Respond to of 543

GENERAL MOTORS CORP said that its estimate for 1Q North American production remained unchanged at 1.473 mln units. GM's estimated production is up 98,000 units or 7.1% from actual production of 1.375 mln cars and trucks in North America in the 1Q of 1998. The world's largest automaker said it expects to manufacture 767,000 cars and 706,000 trucks in the three months from January through March, up from 673,000 cars and 702,000 trucks in the first quarter of 1998. For January alone, GM said it produced 240,000 cars and 211,000 trucks for a total of 451,000 units in North America, up 59,000 units from January, 1998. (Reuters 04:17 PM ET 02/05/99)

To: porcupine --''''> who wrote (193)	2/6/1999 3:41:00 AM
From: porcupine --''''>	Read Replies (3) \| Respond to of 543

From Yahoo msg board: DELPHI DISTRIBUTION by: Brian_1117 8542 of 8546 According to news articles, 465 million shares will be distributed to GM stock holders. If you divide the current number of GM stock which is 654.5 million shares by the 465 million distributed Delphi shares you arive at a ratio of .7105. Therefore if my thinking is correct you should recieve .7105 shares of Delphi for every share of GM you own. If this is correct and you immediately sold your shares of Delphi at the current price of 18 7/16 you would recieve an instant 15% return. Of course, there is no way of knowing what the future price of Delphi will be. However, It seems to me that this is a win for GM stock holders. If the Delphi price remains in the 18 dollar range I think I will accumulate GM stock this year on the dips. It is my oppinion that this is probably one of safest returns on money for 1999. I would welcome any intelligent, analytical responses to my calculations and opinions. Good luck on investing to all.