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AutoZone, Inc. Message Board

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  • fredinpenn fredinpenn Dec 11, 2008 6:10 PM Flag

    Hope GM goes to 0

    It won't do that until something like April of next year. The way that the bailout money is written is: They have until March 31. So we won't know if they go chapter 11 'til then. It's a given. No one large corporation is able to do anything within 4 months. Well, we can say 3 months because all of these guys are going to go on vacation as soon as they get the money.
    if Lampert loves this company so much, then maybe he should buy. But the LBO deals are now officially DEAD

    This guy is doing his own LBO within the company. How dumb is that. One large gap down and you won't see this company come back for years and years. They'll head the way of PBY

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