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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (22999)	11/13/1998 10:34:00 PM
From: Alski	Read Replies (1) \| Respond to of 79270

Thread, I'm just dragging this over from another thread in case y'all didn't already find it. I'll leave it to da experts to decide if it's anything interesting. EX already seems fairly valued to me but you know what the rumor mill and momo can do. Shoot, maybe they're gonna start selling batteries over the internut. FWIW...Alski biz.yahoo.com Friday November 13, 4:01 pm Eastern Time Exide Corp. stock up more than 40 percent DETROIT, Nov 13 (Reuters) - Exide Corp.'s (NYSE:EX - news) stock jumped more than 40 percent in late Friday afternoon trading, but officials for the Bloomfield, Mich.-based battery maker could not account for the increase. The stock was up $4-5/16 to $14-7/16 a share on unusually heavy trading volume of more than 790,000 shares. There were market rumors, according to analysts who did not want to be named, that Exide was planning to hire former Chrysler Corp. (DCX) Vice Chairman Robert Lutz as its next chairman. Exide spokeswoman MaryBeth Alvin declined to comment on whether Lutz will be offered the job. She said an announcement will be made in the next 10-14 days naming the company's new leader. "I can't comment on that," Lutz told Reuters Friday. "Don't take that as a confirmation. It's strictly really no comment." Exide Chairman and Chief Executive Officer Arthur Hawkins resigned last month.