Read link to a Disclosure, as per current rules ( sec ):
ragingbull.com
read this Barrons Mention below, a much better EXAMPLE, IMHO.
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DaimlerChrysler AG -
Barron's says DaimlerChrysler looks attractive
DaimlerChrysler AG DCX
Shares issued 1,032,165,000 1999-02-23 close $147
Wednesday Feb 24 1999
Barron's reports in its Feb. 22 issue that DaimlerChrysler AG, recently $95 (U.S.) is a top stock pick of Mark Howdell, the London-based European equity strategist for Salomon Smith Barney. Writer Peter Du Bois says Mr. Howdell's 12-month target price is about $113 (U.S.). Mr. Howdell says the fundamental story is that management is shareholder-friendly, and the potential cost savings from this merger are very large. The European auto industry is consolidating. Ford is buying Volvo's auto business, and other deals are being talked about. It could take a few years for the overcapacity among medium-sized European producers to get sorted out. Daimler and Chrysler, meanwhile, have already made their move, and are ahead of the pack in building a global-scale operation. Mr. Howdell says that DaimlerChrysler might do an acquisition in Japan. The company will decide within two to three weeks whether to buy a stake in Japan's Nissan. Overall, Mr. Howdell says that economic growth is slowing within Europe, and for cyclical reasons growth will not be very strong in 1999 either, so the European engine will be sputtering along.
canada-stockwatch.com
Chucka ( Charles Hopkinson Marshall ) Marsh
Alias here at Silicon Investor for over a year or two-my only logon in case you want to know: Chuca Marsh ( I call it a Pen Name ) |
