Seeking Alpha

iambully » Comments |

Sort by:
Latest | Highest rated
  • Ford a Likely Survivor of the Auto Industry Crisis [View article]
    Mr. Kirkorian also took a stake and a loss in Ford in 2008. He stuck around even less time there than he did at GM. This aside, I too believe that Ford will be around and come out of this period stronger and more agile. They are still doing alright in Europe, they were first to react to retool their N. American factories in responce to gas price increases. They have positioned thier debt well to emerge in control as things recover, and things will recover. There is a great deal of demand that will be generated during this time as consumers eventually feel comfortable enough to buy cars again. This is a great time to be building goodwill and market share.
    Feb 17 10:58 am |Rating: +6 -1 |Link to Comment
  • GE Seeks Buyer for Appliance Unit: Lampert Interested? [View article]
    I agree with businesspower regarding GE's Logic. This is not a bad move for GE. The cash from this sale will help with GE's current direction towards improving overall perfomance.

    I would have to diverge with the suggestion of taking control of HD. HD's lastest sales figures, store closings, and reduction in store openings would make this too risky a move all at once. I understand that this is where K-Mart was when he aquired them but while the ESL/Lampert cash position may be healthy now, trying to take two huge bites at once may lead to accelerated problems with both his fund and SHLD.
    May 21 13:51 pm |Rating: +1 0 |Link to Comment
Comments by Ticker
iambully's
Comments Stats
2 comments
Rating: 6 (7 - 1 is )