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Non-Tech : Nissan Motors (NSANY)
NSANY 4.610-2.9%Oct 31 9:30 AM EST
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To: stocksforme who wrote (116)7/13/1999 6:11:00 PM
From: EPS  Read Replies (1) of 124
 
Hi,

Among many other things I think Nissan did not have the right mix of car/truck models at the right time. They are taking strong steps to solve their problems with debt, overcapacity, suppliers, dealers..The partnership with Renault has made it possible for them to have the breathing space to execute. Their new models are exciting again. I think they should do well in our market.

As the Japanese economy continues to turn around Nissan will continue to improve in that market as well. Nissan also has large real estate and stock holdings that should do very well if the Japanese market improves...Moreover, they have very close ties with the Fuji banking group..

I think NISSAN is a very good value play if you believe that the Japanese market is going to continue to recover.
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