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duey

I am out of F. The lack of dividend makes this a speculative story for 07 into 08 for me. I haven't had a chance to look at the year sales numbers released today, but did note that Ford has produced a -20% return for the last 5 years.

The situation seems precarious, the new CEO is up against an ingrained culture in terms of how to build a car. He is also faced with alot of debt that will need to be dealt with. So far, he mortgaged the company assets. And now, he has to deal with labor concessions after the buyouts -- and attempt to reset the wage levels.

I am watching.

T. Allan
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