“We do not think the Delphi bankruptcy should be viewed as an example of the eventual fate of all of the auto suppliers.”
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“I dont think this is good for the stock tomorrow morning. It might be perceived as another piece of bad news. But its not a big issue.”
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“They booked credits from multiple suppliers, with cash tied to future business. It might be perceived as another piece of bad news. But its not a big issue.”
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“That was encouraging for me.”
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“We believe investors are justifiably growing increasingly concerned that production disruptions due to labor disputes are increasingly probable as there are currently two suppliers in bankruptcy with another more than likely headed in that direction.”
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“Although no deal is yet final, all interested parties are expected to congregate in Detroit next Wednesday to iron out the final details.”
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“We believe that ongoing year-over-year improvement in GM North American operations should accelerate as we progress though 2006 and, coupled with conclusion of the Delphi labor dispute, lead to a strong positive reaction in the companys stock price over time.”
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