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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (8474)11/18/1997 4:41:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 18056
 
Greg, in addition to your report on downward rivision of Chrysler earnings there is more "Good news" from Detroit (-g-): Quote from a WSJ-Online article:

With competition in the U.S. auto market growing progressively more intense, General Motors Corp. has accelerated the scheduled start of a year-end sale that includes new incentives to lure customers into GM showrooms.
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"We have seen a lot of price pressure," Donald R. DeVeaux, GM's director of North American market analysis, said in an interview. "And as much as we would like to not go down this death spiral, you have to react."

-Mohan



To: Snowshoe who wrote (8474)11/18/1997 4:44:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 18056
 
Greg: if you want a good long, look at DLJ stock. It seems undervalued to me. Remember, no brokerage will ever recommend the stock of another brokerage.


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