[Georgie]

you don't need to look at it from an economic perspective even. i can see where you argument comes from just looking at Ford's balance sheet. however, we don't know enough information or have gone through enough quarters to know if they will run out of cash. if they can keep their cash and cash equivalents where they are, if they can keep paying on their long term debt (i don't know the term length) and if they can start reporting positive net income before the end of next year, then there is a fair chance they can pay down their long term debt. it is very possible, but you are right, currently their financial position, from a balance sheet perspective, is not strong. however, investors are betting (their stock price is up despite their balance sheet) that given enough time and effective management, it can attain a cash flow position that will allow them to pay down their debt more quickly and work towards a profitable long term position