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Automotive News & Views Delphi Restructuring A Key To The Industry?
470 messages, Last post on Jan 10, 2008 at 3:43 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: geo9 (Feb 26, 2007 6:21 pm) Your Delphi stock investment is a long-term. Don't think your going to get rich over night. If I had $100,000 to invest right now it would be in Delphi, for the long-term. That parts company will succeed once again so stay confident. I predict their stock once they pull out of bankruptcy will climb once again. Delphi, was voted the most technological company in the world in 2005' and most of their products haven't been released pal. Once I get my other money which is quite a bit  I'm going to drop a lot of it in Delphi Stock. 5-10 years from now that stock will be over $10-$40 a share. My long-term plan is to get rich off of Delphi. I know the company quite well as I still have a few family members working for them. Dad, says I'd be a fool to not invest $$$$ in Delphi, for the long-term. Yes it's a risk but they are diversifying their business outside of automobiles and are making parts for Cell Phones, and major medical equipment. They will be a major player someday. I'm confident. My wife wants us to put all our money into a new house but I told her we can live like average folks and have a mortgage, maybe drive some used cars and in 5-10 years cash some of it in and live like we always wanted to. Nor rich but well-off. I told her were would have enough money to pay for our kids college and build a McMansion. I told her we can take this risk or play it safe and have the nice house that is nearly or all paid for. This will be my biggest decision once the oppertunity presents its self hopefully soon. Rocky |
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Replying to: rockylee (Feb 23, 2007 3:00 pm)  , the next in the doldrums  .
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GENTEX GOT BOUGHT OUT NY mAGNA iNTL. last year if I recall correctly. Magna just took over 100% of New Process Gear from DCX as of 1/1/07. Now those folks are working as non union employees with 1/2 pay, few benefits and self funded retirement. I betcha a New Process transfer case COSTS the same at the parts counter tho. !
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Replying to: geo9 (Feb 27, 2007 4:59 pm) Agree also with the cost of that transfer case; may have even increased slightly. |
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Replying to: geo9 (Feb 27, 2007 4:59 pm) Maybe Magna bought out this company also named Gentex ? http://www.gentexcorp.com/ -My mother never made a reference to her company making military equipment so their has to be 2 different company's with like names. Rocky |
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Jae, it's been about 3 weeks since I've seen anything from Delphi. Have you heard anything lately ????? Rocky |
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http://delphi.com/news/pressReleases/pr_2007_04_01_001/ If you wanna see what a bankrupt company can still do check this out !!!!! Delphi, is a greedy corporation and yes miss managed by GM. It should of grown into the top 25 biggest corporations in the world. Delphi, was a winner of the 2005 most technologically advanced corporations and now like they did with XM radio, they will launch the first in car TV system. They invented the car radio, so it would be appropriate they do the same with television. I believe they can and still will be great. Rocky |
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As shares rise so does speculation that better offers than Icahn's bid for takeover could emerge. http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070426/AUTO01/704260344/- 1148 Rocky
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Replying to: rockylee (Apr 25, 2007 10:40 pm) DETROIT -- A key investor in Delphi Corp .'s plan to exit bankruptcy protection says it has not pulled out of the deal as expected by the troubled auto parts supplier. Delphi officials said April 19 that the company had been told that Cerberus Capital Management LP would leave a consortium of investors who would pump up to $3.4 billion into the company in exchange for new shares of Delphi stock. Nearly a week later, Cerberus spokeswoman J.J. Rissi in New York said that has not happened. "There has not been any decision made," she said Wednesday. Rocky |
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Union's proposal to end stalemate over wages, benefits at auto supplier could come this week. http://www.detnews.com/apps/pbcs.dll/article?AID=/20070501/AUTO01/705010334/1148- Well maybe something positive is going to happen finally ? -Rocky |
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Automotive News & Views Delphi Restructuring A Key To The Industry?
