When Does GM Get Kicked Out of the Dow, part II

Thursday, June 26, 2008 | 02:00 PM

With GM now at 53-year lows, its time to revisit the question. Back in November, we asked "When Does GM Get Kicked Out of the DJIA?"

Let's start a pool: At what point in the future will General Motors (GM) ignominiously join Eastman Kodak (EK), Woolworth and others and get tossed out of he Dow Jones Industrials?  And, who will replace them?

I am betting this happens within 5 years, and perhaps even within 3.

As to the replacement, I might have said Google (GOOG) -- but I assume the DJ Editors learned their lesson top ticking Microsoft (MSFT) and Intel (INTC).  Instead, my bet will be Cisco (CSCO).

Did I say three - five years? Let's change that to 12-24 months and I still think its Cisco over Google . . .

~~~


Thursday, June 26, 2008 | 02:00 PM | Permalink | Comments (43) | TrackBack (0)
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Anyone just catch Cramer on CNBC? The suits told him to be very calm and we got Prozac Jim...they must be in sheer panic. He also said GM is not going to go BK, so you may want to short it now at fresh 53 year lows.

Posted by: Steve Barry | Jun 26, 2008 2:08:35 PM

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