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Non-Tech : FORD (NYSE:F)

F 13.88

-0.9%

Jan 30 9:30 AM EST

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To: Ron Pociask who wrote (374)	2/24/1999 6:49:00 PM
From: Harry Sharp	Read Replies (1) of 1065

Until today I thought Ford would hit $65 before it hits $55 but now I think the general market is headed for a healthy (healthy for it, not us) correction. So yes I do think we'll see $55 within the next month. But what do I know? The Volvo shareholder vote is the first week of March. Volvo had wanted to buy Scania's (sp?) truck business but talks on that broke off this week and it doesn't look like it will happen. Volvo is reportedly now trying to buy Navistar. If Navistar falls through for them in the next week, I wonder if Volvo shareholders would still approve our buyout? Ford was spotlighted in this weeks Barons. It didn't really say too much except they look for $70 for Ford by yearend. They did point out that after GM spins off the rest of Delphi, and Ford acquires Volvo, our gross sales will be higher than GM's for the first time in several decades. As I recall our total vehicles sales will still be short of GM sales by about 100,000 but that we could surpass that very soon.

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