GM forecasts heavy first quarter loss

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On the news that GM trimmed its 2005 estimate and
lower-than-expected vehicles sales in North America GM’s stock took a tumble in premarket trading falling $2.50. GM
expects a first quarter loss of $1.50 a share. Also of note is the fact that gm anticipates negative operating cash
flow of near $2 billion. The Pontiac Solstice can’t get here fast enough can it?