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Hi everyone

I never owned GM stock before I bought a small amount last week. Been reading the papers and more recently the posts here. I see employees are posting and that's excellent.

Newspapers mostly seem down on GM's prospects for resolving their pension and contract issues. It wouldn't be news if it wasn't negative.

Good things I've read between the lines for GM stock.
a great dividend and no sign that will end
a very low P/E
a low historical price per share
employees that know the company is in a struggle and
jobs will be at risk without contract resoloution
new product line

Tough issues still out there
market share decline
quality issues
models that are not sexy in the public eye
pension, medical and new contracts
these low rate loans to buyers (I don't know enough here)
questionable demand for cars if the economy heats up

What am I missing here? Can the GM management team get this under control? If they can, this looks like a great purchase at the current price and I am considering going deeper.

Can a board member summarize GM's prospects for me?


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