RECOMMENDATIONS - USA - Buy GM Before The Chinese Do !!
MIAMI,USA - Forbes/Lehmann Income Securities Investor, by Richard Lehmann - 06.21.05: -- Making my recommendation to buy the General Motors debt in the April issue of the Forbes/Lehmann Income Securities Investor and subsequently in my Forbes column was one of the easiest calls I've ever made... As I mentioned at a market price of half its book value, GM is an attractive takeover candidate for entities like China's biggest automobile manufacturer, the Shanghai Automotive Industry, which would like to become a leading exporter of cars... SAIC and GM already have a strategic joint venture which currently has a capacity of 500,000 vehicles in China per year, including autos like the Buick Regal and Chevy Sail...
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