47 Quotes by John Novak

It is a small, but positive sign. They still have a ways to go. Reaching a win-win is going to be extremely difficult.

It is a natural next step in the process. (Collins & Aikman) has made some ill-timed investments over the years and it should help those players left in the fabrics industry.

It doesn't mean that a resolution is at hand, but it certainly means they put some numbers on paper, and they have to have some degree of confidence that it is going to be in this neighborhood.

There is just considerable and growing uncertainty surrounding GM and Ford Motor Co. (F.N: Quote , Profile , Research ), and that ripples through the industry.

The deal still leaves a lot of questions, and is less than what people were looking for. We would have liked to have seen a comprehensive deal at Delphi. The fact is, there is still the overhang of a potential strike out there.

We think ultimately they will cut the dividend. It won't be because York is requesting it, but rather it's a way that they can send a message to the UAW employees that ultimately the management and shareholders are sharing in their pain.

There is a lot of restructuring to do and it remains to be seen whether their actions will pan out.

There will probably be more changes, and they will be quicker. You'll probably see a more aggressive restructuring plan.

The steps they are talking about seem to make sense, given the state of the supplier industry and their customers. Plant closures and headcount reductions are something they have to do if they are going to reorganize.