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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (4308)	6/9/1998 5:38:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

Speaking of Mitsubishi, and not being able to figure out what he said, I cut this out of an earlier post. Maybe I didn't get what the spokesman said, because he doesn't even get it. :) >>Meanwhile, shares of Mitsubishi Motors Co., which trades for about 75% of book value now, have risen far less spectacularly -- to 356 yen from its year low of 330 yen on April 30 -- as the company has so far failed to carry out meaningful restructuring, says Mr. Chudler. For investors who still own the shares, he recommends selling them since he sees little indication that more serious restructuring is on the horizon.<< MikeM(From Florida)