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Non-Tech : FORD (NYSE:F)

F 13.74

+0.1%

9:48 AM EST

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To: Ron Pociask who wrote (344)	12/2/1998 9:58:00 PM
From: Harry Sharp	Read Replies (1) of 1065

>>>I read that the reason it went up 3 bucks is the reinvestment of all the dividends Ford guys stuck back in their retirement funds.< Interesting theory, however, I don't think I buy it. I believe it had far more to do with a strong general market and the Chrysler announcement of strong November sales. It seems like shares held this dividend period would be approximately the same as the last few dividends. I did a little research.... for the 1/28/98 distribution Ford was up 13/16, for the 4/29/98 distribution Ford was up 3/16, for 7/29/98 Ford was up 3-1/8 (!) and 3-1/16 for this last dividend. So... two times less than a dollar and two times over a $3 rise... Hmmmm....

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