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To: Jurgen Trautmann who wrote (4455)	10/23/1998 12:48:00 AM
From: MonsieurGonzo	Read Replies (1) of 11051

Jurgen; RE:" C - Chrysler CALLs " DAI + C will become symbol DCX - DaimlerChrysler AG Jurgen. The new organisation will be incorporated in Germany and is considered by S&P to be an 'ADR' or American Depository Receipt - C will be removed from the S&P-500 index - and both GM and F have petitioned the U.S. government to remove Chrysler from many federally funded research programmes. Their merger is scheduled for November. Germany and France did not lower their rates today; the (relative) strength of the USD : ECU after the Fed's surprise rate cut was due in part to speculation that Europe would follow suit, as well as the recent strength of equity prices. As DJ mentioned earlier, rate cuts by other EU members - like Italy, etc. - are expected before January launch of the euro. The DX98Z - Dollar Futures Index will tank toute suite. You and K are in flamenco country now - MadameGonzo used to be the manager for Rosa Montoya, a dancer and daughter of Carlos Montoya. I remember many late-night drinking parties with her company in San Francisco - stamping their heels and shaking the floors of our little flat until the wee hours of the morning: mujeres caliente (^_^) -Steve

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