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Subject:  Re: Doubled GM position Date:  12/3/2006  5:14 PM
Author:  mishedlo Number:  5701 of 7023

I was going to consider buying some GM stock, then I went to my reality check, handy-dandy free Intrinsic Value Calculator here: I do not believe the zero Intrinsic Value the site returns for GM stock, but it may be correct. The Unions own GM assets, there may be no residual value left for shareholders.

I will do some more real "work" on valueing GM stock; for now, I will take a pass - Thank you very much.


GM and F are both worth less than zero when I last calculated things so what's not to believe? Perhaps I will revist when the next annual reports come out.

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