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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: Jonathan C. who wrote (105)1/7/1999 8:02:00 PM
From: EPS  Read Replies (1) of 124
 
Hi Jonathan,

Good to hear from you. This is not a very popular thread..

I think that what could be *moving* (?) the stock these days is the possibility of a merger. There has already been much talk of a deal for Daimler to buy part of Nissan's truck division. Look also for a big American car maker (like Ford?) try to merge with Nissan. Other factors are the recent strength of the Yen. The fact that the Nikkei has probably bottomed out probably has helped some. At any rate Nissan is sitting near its all time low and the upside looks better than the downside. With valuations in NY quite high it looks like a relatively good investment if you don't mind possibly sitting on it for a while. (Of course since you started your message talking about cars..one would assume that the Nissan folks are/will be coming up with good cars and trucks etc etc.)

Regards

Victor
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