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Unfortunatly, GM is still in the position of figuring out what it is worth. Assumptions on the value of non-tangible assets and the write-offs they have been able to take will create a smokescreen that won't clear up untill 2nd quarter 2011 or later. GM's real profit will then be known, and while I believe it will be good, reality can be a bitch.
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The biggest mistakes in life come when you know exactly what you are doing.
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