Originally Posted by
relmor2003
No, but its not a good sign, as they decided to give guidance in their only sure positive, cash flow, but hey thats a great one to mention. If they were gun ho about sub increases, you bet your silly butt they would have said so. As they didnt, we can only assume they expect modest growth, or no growth at all. Remember, they gave sub guidance for 09, in their Q3. It was for over 20 million if I remember correctly. They must feel this is no longer possible. Remember, Mel said lets take the worst case scenario, lets say they only sell 12 million cars...:eek: He was 3 million cars off, and didnt want to get caught even predicting worst case scenarios, which might miss too, as this economy is now completely unpredictable going forward(never tried to reinflate the economy with so much money before), and the worst case scenario would cause a panic anyway. I say he should have just went for it, and held sub guidance, with a caution a change might come later. Say were doing great so far(vague). They need momuntum now, while the market is bottoming, not later when its up 1000 points already.