GM Reminds Me of Apple 16 years ago?

  • Thread starter Thread starter David C
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David C

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I think it was 1993 when Apple was in the Dumps. I think the same of GM. There too much at stake. I think oil will come down Credit will open up and BINGO up with GM.
 
Yeah, that is great thinking! I don't really remember Apple in the 90's too much but were they a huge company with really bad earnings and requests for a government bailout because they will run out of cash early next year?


There are a million other better plays than GM or Ford.
 
I found your point interesting, looking forward to the feedback. In my 'simple' opinion, Apple was well established even though they were down they were far from out, and unlike GM they had few competitors plus a really good market to work with. I think it's been a gradual climb, as popular as Apple is these days, none of my friends or family yet own a single product. Would they? Yes. But they don't yet. It's based on the hype of a good product. Now, what can GM offer me that I can't get more of and/or for less money than anybody else? I'd wait for Hyundai to start producing 1/2 tons.
 
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