Whats the strongest argument for individual investors to keep their new Delphi shares?
It’s a stock that is going to appreciate and grow based on revenue growth as we expand our revenue base outside of General Motors, and a stock that will continue to increase its cost-reduction efforts. It’s…a technology company, full of electronics, with 15,000 engineers and scientists who are working on a revolution that is going on in the car and truck industry. That is, converting the industry from mechanical- and hydraulic-based systems to electronic-based systems. So, from the standpoint of looking at the future of the car and truck industry, much as Intel (INTC, $53.12) helped convert the computer industry, Delphi is going to be right in the middle of converting this massive conversion to electronics in the auto business. Q: Among your competitors, which public companies would you line up against most naturally for comparisons? A: It’s very difficult, just due to our size and the relatively small number of companies that we compete against…. But you look at the Lears (LEA, $5
