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Non-Tech : Daimlerchrysler (DCX)

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To: Ron Flanigan who wrote (3)11/25/1998 2:52:00 PM
From: utee  Read Replies (1) of 17
 
Ron, you were lucky to come back in below 90. The Deutsch Bank rumor of selling thir huge stake in DCX to finance the takeover of Bankers Trust caused the stock to implode yesterday. Today, deutsch bank denies that rumor, but stock only up fractionally - no volume due to holiday. Next week should see some better activity hopefully.

Good Luck - and bye the way, you may want to sell some Jan. 100 covered calls if you are not that convinced that this stock will reach 100 by Jan.

UT
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