[Shotimes] Fwd: Re: [HillmanCars] OT - Future dim at GM

[David Rosicke]

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Date: Sat, 26 Mar 2005 18:43:39 -0500
Subject: Re: [HillmanCars] OT - Future dim at GM
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Jeff:

Delphi, a major supplier to GM and manufacturer of defunct Lockheed brake parts for
Hillman is in even worse shape.
Better buy front wheel cylinders and master/Clutch cylinders now, while they're still
available (from Delphi UK).

Doug Bragg
Baltimore MD

jeff coen wrote:

> This from a market newsletter. I also heard that GM will soon announce
> another death in the family....Buick?
>
> You like puzzles? Then puzzle over this one. GM has a market
> capitalization of $15 billion. But GM has outstanding bonds of $300
> billion. In other words, the market says that GM is worth $15 billion,
> which is only 5% of GM's total debt. GM is now in the hands of its
> bond-holders, as is Ford. Can GM survive? Is GM a bankruptcy? Will the
> government allow GM to go under?
>
> Get this -- the market says that Harley Davidson capped at $17 billion
> is worth MORE than GM capped at $16 billion. Who would have believed
> this five years ago?
>
> [Non-text portions of this message have been removed]
>
>
>
> Yahoo! Groups Links
>
>
>
>



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