
[Chrysler300] Observation On Post-Daimler Chrysler
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[Chrysler300] Observation On Post-Daimler Chrysler
- From: pennsy300@xxxxxxx
- Date: Mon, 2 Jul 2007 15:27:55 EDT
A year or two ago ( I can't remember exactly when) I bought some Chrysler
bonds. Late last week, the bonds were called (at a premium), meaning that
Chrysler's new owners are using their $$$ to retire Chrysler's debt rather than
using the $$$ to develop new products. Maybe someone out there in the
financial world can make better sense of this than I, but on the surface it doesn't
seem to be an encouraging omen for the new, New Chrysler's future. McTaggart
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