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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (8456)11/18/1997 3:23:00 PM
From: Snowshoe  Read Replies (2) of 18056
 
ML lowers GM estimates due to Asia/Brazil exposure

General Motors Corp. (GM) 61 15/16 -5/8: a Merrill Lynch analyst believes "1998 earnings at General Motors will be hurt by the company's exposure in Southeast Asia and Brazil;" thinks Brazil will lower GM's 1998 EPS by $0.55 a share, while Southeast Asia to cut earnings by an additional $0.15 a share..... (from Briefing.com 11/18/97 14:00-15:00)
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