Cash Quotations | Page 7

From a financial point of view, this is a healthy development for the communities we serve and our shareholders. The bank will be able to continue to grow and expand, which allows us to continue to lend more money to families and businesses in our local areas. Our shareholders' investments should continue to increase in value in addition to providing a cash dividend.

From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006.

From a cash flow standpoint and a value standpoint, the stock is quite attractive, ... I think those are all compelling arguments for long-term ownership.

We had cash flow issues. Right up until yesterday (Tuesday) morning, I thought we had a deal.

Giving cash rewards is one of the least-effective means of motivating employees. While money may induce short-term involvement, it does not create motivation for the long term. Merchandise has a residual value over cash because the objects serve as reminders.

Given the risks related to closing the deal, they are probably pretty comparable. A better situation, in my view, would have been $26 per share in cash on the table.

GM's top priority is to restore our North American operations to profitability and positive cash flow as quickly as possible. In 2005, we laid out a comprehensive and integrated strategy to address the structural issues that impede our competitiveness and profitability, and we are focused on rapidly executing all aspects of the turnaround plan.

GM's strong cash position and our expectations for future cash flow make it possible for us to return cash directly to stockholders in an effective and timely manner,

GM's decision to sell its shares in Suzuki may have been accelerated by the arrival of Jerry York. Although York was not explicit about the Suzuki equity stake in his January 10th speech, his aim appears to build up a cash hoard necessary to restructure GM.

There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash — and I don’t want to go back.