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Post by fordmakesnosense on Oct 29, 2010 9:05:10 GMT -5
to go from near bankruptcy to record profits in such a short time makes you wonder if the company was really in that bad of a situation......
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Post by wallflower on Oct 29, 2010 9:27:31 GMT -5
Ford is still not in "good" shape. Competitively speaking anyway. Mountains of debt when your competition has very little are not a good thing. I'm sure I'll get flamed, but it won't be the first time.
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86gn
New Member
Posts: 43
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Post by 86gn on Oct 29, 2010 12:35:55 GMT -5
Ford is still not in "good" shape. Competitively speaking anyway. Mountains of debt when your competition has very little are not a good thing. I'm sure I'll get flamed, but it won't be the first time. Agreed
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Post by ktp399 on Oct 29, 2010 13:09:43 GMT -5
Ford is in better shape. Still has 20B in debt while the other 2 has less than half that in debt.
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Post by wallflower on Oct 29, 2010 13:27:11 GMT -5
And there are more than the other 2 to worry about.
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Post by Calvin@KTP on Oct 29, 2010 15:42:56 GMT -5
Don't be fooled...Ford Motor Company is doing very well. In fact Ford is one of the top 5 US companies for "Cash on Hand". Here's a quote..."Cisco Systems (NasdaqGS:CSCO - News) has the largest cash balance, at $39.86 billion, while Microsoft (NasdaqGS:MSFT - News) is second with $36.79 billion, Moody's said. Google (NasdaqGS:GOOG - News) has the third-largest balance with $30.06 billion, followed by Oracle (NasdaqGS:ORCL - News) with $23.64 billion and Ford Motor Co (NYSE:F - News) at $21.89 billion." Here's a link to the story... finance.yahoo.com/news/US-companies-hoarding-almost-rb-2687745036.html?x=0&.v=1 dated Oct. 26 2010.
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Post by fuckugettelfinger on Nov 3, 2010 9:06:33 GMT -5
yes....but they are still carring a 20b debt load.
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Post by ktpsparky on Nov 3, 2010 14:37:21 GMT -5
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