Goodyear: Annual Shareholder Meeting

This monday Goodyear holds its shareholder meeting in Akron/Ohio. In daily newspapers, as well as in business papers, complacent-sounding analysts are quoted, who point the finger at what Gibara has promised and failed to deliver in recent years. The loss of 203.

6 million US-Dollars was not according to plan. The long term debt at 31st December 2001, at 3.1 bn US$, passed another milestone (2000: 2.

4 billion US$). And it is known that the first quarter of this year also was disappointing. The analysts agree that there will be no improvements before the second half of the year.