Paris owns a $500,000 Mercedes Benz SLR McLaren. Mercedes is manufactured by DaimlerChrysler AG (DCX)

partial sales of Chrysler

Cramer Recommended

1.7%

From Barron's 5-21-07

"The rocky marriage of what once were known as Daimler-Benz and Chrysler Corp. officially headed toward a divorce. DaimlerChrysler stock (ticker: DCX) closed Friday at 86.72; a year earlier, it had stood below 52. Some savvy investors figure that the new Daimler, which probably will begin trading under that name sometime soon, is still a bargain. "Doing a sum-of-the-parts valuation, Mercedes is in Daimler for free," argues Adam Jonas, an analyst with Morgan Stanley in London, who values that car unit alone at between $30 and $40 a share. Indeed, bulls on the stock think it could hit 100 or more within a year."

Lee Iacocca's gift that keeps on giving. With the announced spin off of Chrysler, look for even higher movement

Upgraded by Bernstein from Mkt Perform to Outperform

Upgraded by UBS from Neutral to Buy

Kirk Kerkorian offered Daimler Chrysler USD 4.5 bilion for the companys U.S auto division.It si rumored that Magma International and General Motors are also eying the U.S divison of DCX.

P/S is an excellent .43. They pay a nice yield of 2.9%