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No. of Recommendations: 0
Writers are having a field day bashing GM again and again, so here's something to offset: Quoting John Dessauer of Investor's World.:

"This is the 3rd and largest buyback as part of a plan launched in 1997. This latest buyback will redice the company's shares by 10%. That is astounding, implying that GM is generating enough cash to buy back all of its shares within 10 years. ...... .GM is cheap under $70 and is worth $120 or more."

Umillt
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