Nicholas LoBaccaro Quotations

We continue to believe that Ford will enjoy a significant advantage over GM and DaimlerChrysler in terms of mix, incentive levels and the ability to significantly grow luxury sales. Ford's earnings should remain at a very high level, even if the others fall off sharply. Ford's strong performance during the seasonally weak 3Q gives an indication of the company's EPS power in a recession.

We continue to believe that Ford is fundamentally a much stronger company than GM and DaimlerChrysler, which is obvious from a comparison of each company's third-quarter performance.

It seems like he has stakes in a lot of companies. Sometimes he's very active. Sometimes he's passive. Federal Mogul is a company he's been putting money into, and it hasn't helped the stock price.

It's definitely positive news. The amount is more than most people thought it would be when it took place, and most people didn't think it would happen now in any case.

Clearly Saturn has challenges given that they produce a product that is very old, in a segment that is shrinking and very competitive.

I don't know if they're chomping at the bit to unlock the value of Hughes any time soon. If look at the way the stock fell from 94 in April, you see that without Hughes being center of attention, the auto business gets almost no value on Wall Street.