Nissan Motors (NSANY) Message Board

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Non-Tech : Nissan Motors (NSANY)

NSANY 4.610

+0.2%

Nov 3 3:55 PM EST

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To: Mark T. Heath who wrote (51)	5/21/1998 8:32:00 AM
From: Mark T. Heath	of 124

My post #51 is incorrect. It's the Maxima, not the Altima, that's being considered for the shift in production from Japan to Smyrna, TN. A local paper here in TN has picked up the story. It also discloses that a new sport utility vehicle is scheduled for production here next year. Other highlights of the AP carried story: -Nissan is slashing inventory & emphasizing models with higher profit margins. -On Wednesday, Nissan said via it's Tokyo offices that it will post a $103 million net loss for the year ended March. -Sales fell by 2.5% for the year when compared to last year. Think this stock has been hit with everything but the kitchen sink.

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