WTF, beat, guided higher, better margins, PE now 10 andit tanks
You got it about right. WTF...lets exclude Chrysler. Yes, lets just forget about the 30% of our business that looks crappy. Lots of overhead supply at 10 on all those longs burned on the offering. Only a couple of analysts bother to follow it anymore. No management cred since everyone's been spun to death for years now. And where did all the cash go? Not a pretty picture and when the next slowdown in sales occurs, look out below.