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Hitch your wagon to this star....     28-Apr-09 12:53 pm    
Headline: "Molex Creates the HSAutoLink Interconnect System to Meet Automakers' Mechanical Requirements".

Let's reflect just for a moment:
GM is on the verge of bankuptcy, Ford just posted a multi-billion $ loss, bankruptcy is inevitable for Chrysler, Toyota posted largest losses in 30 years.

Hmmm.

Am I missing something here or is spending millions on development for a component to be used in a failing industry a strategy for failure?

Either the auto industry is lying to the American public and making millions of autos for the foreign market or Molex is planning on getting big bucks for this thing.

Right now the hot industries for manufacturing are the medical device industry and military hardware. Must be too difficult to penetrate those markets with the amount of money they say they are losing.

Oh well just random thoughts.
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despitous@y...

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Hitch your wagon to this star....
despitous@y... (1 Rating) 28-Apr-09 12:53 pm  
 
Very random. Maybe they are thinking ahead? Hmm...
erin_clarke... Rate it 28-Apr-09 03:26 pm  
 
sounds like a juicy short to me.
fpbegin Rate it 10-Jun-09 02:14 pm  
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Molex Inc. (MOLX)

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