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Re: Baja33 post# 130

Wednesday, 04/17/2002 11:06:38 PM

Wednesday, April 17, 2002 11:06:38 PM

Post# of 228
Boy, Baja, that's a hard one to call. I'm not nearly as optimistic as you are. I thought maybe .30+ followed by another retracement. As far as the "financiers" is concerned, one of the tragedies of my life is I was never smart enough to guess what those kinds of folk have in mind, so I rarely think about it.

It's true that we're a finanacial football. The folks with the money control the game, and GMGC will be on its knees until they can generate enough cash to run their business without having to beg. My guess is that OnStar is a total bust as far as GMGC is concerned, which will delay breakeven until we have something folks want. I also think there is a growing realization that machines, with or without personalities, proclaim loudly to those forced to use them that the vendor has no respect for or interest in its customers.

If I feel that way, where do I think profitability will come from? It will come, however much reduced from the original dream-like expectations, from the many companies that believe automated systems are in their best interests. Fortunately, there are still plenty of them ... and they aren't looking for my approval.

Fred


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