Second tsunami will hit soon, 3-5 months. As car sales plummet even
more and FORD can not refinance its debt, will it too go a begging? A
car company that is essentially private via the the 2 classes of shares?

You are confused if that is what you chose to believe. Ford is current on
the payments due all of it bank loans. Ford has adjusted its economies of
scale, to the point it will show a profit in the expected market for
10,000,000 plus vehicles sales in 2010. If you follow the market you will
see Fords stock price has been up every month, for that reason.

Ford has been investing billions on all new models for the past 24 months.
They are now in a position to earn more than they have been spending for two
years on those new models.

The only new models that have been developed, but are not yet available on
the market, are the new 2011 HD F Series trucks to be introduced in the
spring of 2010, and the 2011 US built model of their high mileage European
small car, the Fiesta.

Jay Leno has been running the all electric version of the 2011 Fiesta on his
show



"Yadda" <yadda (AT) nospam (DOT) net> wrote

Ford's bonds are still below investment grade. I very much admire what
CEO Mulally has done. But the Tsunami rumbles on. Next up: commercial
real estate and the true torrent of foreclosed homes in 2010 as 2007
ARMS go ballistic. I certainly don't want to see this happen, but the
price must be paid...by the taxpayer.

on 10/24/09 1:36 PM Mike Hunter said the following:

I think you are wrong about Ford, I have been buying Ford stock since May
because I know Ford is good shape overall and every time I have it has been
up.

However, I agree commercial real estate will be the next foreclosure
problem. Go to most any a mall, there are not enough people in them and
the owners are lowering rental rates big time.

After the Halloween and Christmas seasons are finished they will be falling
like dominos. I have sold off most of my commercial properly investments.
over the past nine months


"Yadda" <yadda (AT) nospam (DOT) net> wrote

Mike Hunter wrote:
I agree. Not only that, but malls are often financed by five-year
financing contracts. Guess when those come up for renewal. And, one
major mall owner is already in Chapter 11. In fact, I will go right by
that mall in a few minutes.

On the other hand, now is the time to open a business in a mall - the
mall rates are relatively cheap.

Jeff

OMG is it the end of the world as we know it? Me and my friend dr_jeff are
in agreement on something

"dr_jeff" <utz (AT) msu (DOT) edu> wrote

The local/regional banks will pay this time. Even the ones that stuck
to conservative lending. The tsunami caused by the elites will wipe out
everything. Hopefully, we can rebuild. But the big banks are getting
bigger and leveraged security gambling is back in style. No lessons
learned. Second wallop could be worse.

on 10/24/09 6:52 PM Mike Hunter said the following:

Mike Hunter wrote:
That's because you got something right for a change! B-)

You forgot to say in my opinion, dr_jeff.

"dr_jeff" <utz (AT) msu (DOT) edu> wrote

Mike Hunter wrote:

No, I didn't.

Jeff