Thoughts after a week selling Europe to Yanks

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Mon Oct 25 17:36:45 PDT 1999


On Mon, 25 Oct 1999 DANIEL.DAVIES at flemings.com wrote:


> Just come back from a week-long marketing trip, pushing a piece of research
> which aimed to suggest that it was time to sell the American money centre
> banks into the European universal banks (kind of like Dennis' stock picks,
> but without the inexplicable fondness for Deutsche Bank).

Maybe it's all that southern German beer; something in the hops predisposes one to being assimilated by the BankBorg. On the other hand, they sure do own big chunks of lusciously profitable Euromultis, who have this weird habit of actually paying *dividends* (such things have been abolished here in America, along with interest rate rises and the business cycle). Besides, the Rolfmeister is a cool dude, right?

-- Dennis



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