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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (8869)5/17/1998 9:06:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 18691
 
CSS: CCI: >Rather, he must have seen something he didn't like.<

You bet. I would not be surprised to see TRV calling off the merger. IMO I was/am right. CCI's business has been loosing momentum for the last two years (it is all spelled out clearly in the 10K/Qs) the Asian exposure will prove to be more significant than what they had in SA back in the early 80's. Significant looses for non-performing loans will materialize.

Pancho



To: Ploni who wrote (8869)5/18/1998 2:30:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 18691
 
Charles (and Pancho), though I'm not arguing all is perfect in Citi, isn't the resignation you cite most likely a result of his position being in jeopardy with the merger? If he came there 6 months ago from GMAC, does he stand a chance in holding such a high level, capital markets/corporate finance position in the new CitiGroup? More likely the Salomon/Smith Barney people will take control of his areas of responsibility within Citi.

Just an alternative thought.

Bob