Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: boldruler Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 111  
Subject: Re: Any Interest Here ? Date: 10/16/2001 12:44 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
I believe you are right about the 4th quarter. Unfortunately, I don't believe that 2002 is going to be much better. The overall health of the automotive market continues to drag the entire supply base down. For Dana, Fords continued slide is especially harmful to the profitability of the corporation. How will Dana return to profitability? In the short term, I see another round of cost cutting and layoffs unfortunately. I believe that Dana would like to sell some assets but there aren't a lot of buyers out there. Although I did read in the 10/8 Automotive News that some investment firms are looking at investing in supplier assets as turn around targets. Anyway, the real value in Dana will come from Dana's longer term plan Transformation 2005 that essentially pushes Dana to reinvent it's product line with the application of technology to it's traditional products that will allow it to get higher margins by offering more value to the customer. One example is cylinder head gaskets that measure and report temperature data at various cooling passages that allow for variable cooling methods for more even engine cooling which improves engine performance and economy by minimizing thermal distortions etc. Dana has made the investment in the technology and has strong products across all it's product lines. The market needs to come back to bring Dana back to profiyability.


boldruler
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement