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Non-Tech : Nissan Motors (NSANY) -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (1)4/29/1998 10:23:00 AM
From: Mark T. Heath  Read Replies (1) | Respond to of 124
 
I'm in the process of doing some analytical research right now and I'll share the findings here. This will be new ground for me as I've never dealt with an Asian stock standing alone. I've done the mutual fund route with Asia, but never an individual stock.

It's hard, on the surface, to figure out this price. I'm curious as to how the stock ended up on the NASDQ small caps board too. There has got to be a reason for an automobile manufacturer to be selling at such an immaterial dollar price other than just the currency and economic troubles in Asia. Honda, for example, is still doing well.

My initial interest came after a bought a used 300ZX and was simply curious to see if the stock traded in an ADR here in America. I can't say that the car is perfect. Although not neglected, it wasn't given the kind of care I give a car. It isn't proper for me to give any judgements about overall quality since it is used, but I've never heard anyone speak badly about the cars.



To: peter michaelson who wrote (1)5/4/1998 12:12:00 PM
From: Mark T. Heath  Read Replies (2) | Respond to of 124
 
I'm finding it difficult to find information on NSANY at the usual sources for data here on the Net. Nevertheless, I've found enough data to feel comfortable to open a small position on the opinion that the stock has bottomed and is finding support at $6 1/2. I'll keeping digging around and share any findings here.