On Aug 2, 2:10=A0pm, bernie <bdig...@[EMAIL PROTECTED]
> wrote:
> On Aug 2, 11:35 am, "alan" <in_flagra...@[EMAIL PROTECTED]
> wrote:
>
>
>
> > "lockjaw" <davebo...@[EMAIL PROTECTED]
> wrote in message
>
>
>news:f9483c20-07be-4d85-b150-d148f147d4b0@[EMAIL PROTECTED]
>
> > > A ridiculous time! =A0with 600 locations closing.
>
> > > never fly. =A0Plus Starbucks treats its employees very well.
>
> > > and Jack / Izzy? =A0the problem with GM =A0etc. ain't the unions --
i=
t is
> > > the idiotic management
>
> > You're absolutely correct. =A0And although any serious economic
analysi=
s comes
> > to the same conclusion, don't expect Jack to allow himself to be
confus=
ed by
> > the facts . . .
>
> =A0 =A0 BMW re****ted on Friday their profits this Q down 33%. Nissan
> re****ted Friday their quarterly profits down 48%. Along with Toyota
> and Honda auto sector profits are glum.
>
> =A0 =A0http://www.tradingmarkets.com/.site/news/TOP%20STORY/1799680/
>
> =A0 I find it hard to believe that all these companies have "idiotic
> management". Maybe the worst economy in about 50 years has something
> to do with it. Even if they were all producing hybrids at 100% plant
> capacity it wouldn't do any good if folks can't buy a new car.
> Bernie
Well "folks" can buy new cars, they just don't want 12 mpg SUVs and
trucks -- VERY high profit margin vehicles! small cars, uh not so
much.
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