Comments on: Tata Stock Tanks On Fears Of Overextension http://www.thetruthaboutcars.com/tata-stock-tanks-on-fears-of-overextension/ The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 22 Nov 2009 07:54:01 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Jeff Puthuff http://www.thetruthaboutcars.com/tata-stock-tanks-on-fears-of-overextension/comment-page-1/#comment-464442 Jeff Puthuff Thu, 29 May 2008 23:47:57 +0000 http://www.thetruthaboutcars.com/tata-stock-tanks-on-fears-of-overextension/#comment-464442 I think the Indian Stock Exchange is much like the NYSE in that traders are concerned more with the short-term view rather than long-term value. The personal car market is at its nascent and Tata <i>practically stole</i> Jaguar and Land Rover (and Rover, Daimler and Lanchester) for a mere $2.3B. Tata is not some two bit player in the market and there is a lot of wealth and wealth-building in India at the moment. The potential for home sales is huge and their low labor rates mean they can competitively build for export. $3 billion in debt is nothing. Heck, it's 3 months of business-as-usual at GM. I think the Indian Stock Exchange is much like the NYSE in that traders are concerned more with the short-term view rather than long-term value.

The personal car market is at its nascent and Tata practically stole Jaguar and Land Rover (and Rover, Daimler and Lanchester) for a mere $2.3B. Tata is not some two bit player in the market and there is a lot of wealth and wealth-building in India at the moment. The potential for home sales is huge and their low labor rates mean they can competitively build for export.

$3 billion in debt is nothing. Heck, it’s 3 months of business-as-usual at GM.

]]> By: levi http://www.thetruthaboutcars.com/tata-stock-tanks-on-fears-of-overextension/comment-page-1/#comment-464221 levi Thu, 29 May 2008 22:00:43 +0000 http://www.thetruthaboutcars.com/tata-stock-tanks-on-fears-of-overextension/#comment-464221 <strong>"I don't get no respect."</strong> Welcome to the big leagues, Ratan. “I don’t get no respect.”

Welcome to the big leagues, Ratan.

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