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No. of Recommendations: 0
Illustrates once again the potential value in GM. Todays WSJ article hints at underlying value. Opinions are split as usual. One analyst estimates the automotive business including GMAC is valued at only $13 a share -- or put another way, 2 times the business' 1998 earnings. An independent & respected analyst, Scott Merlis calculates $90 for all operations (auto & nonauto)on a stand-alone basis. We probably won't see it valued that way in real life -- so lets settle for an $80 target. Looking for $80 call options to sell. :-)

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