Interesting - GM shares jump on Kerkorian offer

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Pooh Bear - 05 May 2005 06:40 GMT

"My guess is he feels that there's value in the brand and the franchise
that has not been unlocked by current management," Richard Steinberg,
president of Steinberg Global Asset Management in Florida, told Reuters.

http://news.bbc.co.uk/1/hi/business/4514329.stm

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Dima - 06 May 2005 18:14 GMT

Many reports said that Kerkorian is after GM's financial arm.

> "My guess is he feels that there's value in the brand and the franchise
> that has not been unlocked by current management," Richard Steinberg,
> president of Steinberg Global Asset Management in Florida, told Reuters.
>
> http://news.bbc.co.uk/1/hi/business/4514329.stm

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dxyzc@nospam.com - 07 May 2005 20:14 GMT

> Many reports said that Kerkorian is after GM's financial arm.
>
[quoted text clipped - 3 lines]
>>
>>http://news.bbc.co.uk/1/hi/business/4514329.stm

Or he is getting too old and has made a mistake. GM marketshare
continues south. I would be tempted to buy shares when it hits $15.

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