European Stars and Stripes (Newspaper) - May 19, 1990, Darmstadt, Hesse                                Saturday May 19, 1990 the stars and stripes a a a Page 3 Iacocca asks investors to be patient Lee Iacocca Universal City Calif. Apr Chrysler chairman Lee Iacocca pleaded with stockholders thursday to stick with the automaker despite falling profits and Stock prices saying it is poised to take on japanese and american competitors in the 1990s. Iacocca speaking at the company a annual meeting acknowledged that earnings have been very disappointing but counselled investors to take a Long View. He noted that the yearly dividend of $1.20 per share was about a 7 percent yield at the current Stock Price of about $17. A barring a disaster maybe a nuclear disaster we done to anticipate cutting your dividends a the flamboyant Chrysler Leader said. Iacocca was in los Angeles on a six City promotional tour linked to an aggressive advertising Campaign touting Chrysler Quality. He reiterated his claims that the Quality of his cars is equal to the japanese and that they arc the safest on the Road. Now he said the task is convincing americans of that and that a a we re going to get  he said the whole Industry has suffered of late from overcapacity the Stock Market crash and economic declines at the beginning and end of the 1980s. Quot you might say this is starting to look a lot like the Chrysler of the 1980s a a Chrysler in trouble Quot Iacocca said. However he said Chrysler has far less debt More than 10 times the Cash on hand can borrow $2.6 billion without asking Washington for help As it did in 1980, and has 13.3 percent of the . Car and truck Market compared to 10.3 percent in 1980. He said that after 44 years in the Industry he was convinced it would make More sense to report results every 10 years rather than every 10 Days because planning is done that far in Advance. He said he realized of course that shareholders would not allow him to do that. But he said a taking the Long View is the Only Way to keep your sanity in this  he also denied that his latest Campaign constituted Japan bashing saying he had never said a word against the japanese people or the High Quality products they produce but Only against their Trade practices and Washington for allowing them. A one thing we be Learned is that the Competition will not necessarily be a fair  Iacocca  policy to protect fetus again ruled illegal san Francisco apr women can to be banned from jobs that could harm a fetus the states highest court ruled upholding a Challenge to a company policy that affected even women who have no plans to have children. The state supreme court on thursday let stand a lower court ruling that a Battery company a fetal Protection policy keeping Fertile women away from jobs that could expose them to Low Levels of Lead amounts to sex discrimination. The company Johnson controls inc., also has a Case pending before the . Supreme court Over the same policy. The California appellate decision had called the policy a blatant overt gender based discrimination a based on a unfounded unscientific stereotypic notions about  a we Are in an Era of Choice. A woman is not required to become a victorian Brood Mare a said the 4th District court of Appeal in its 3-0 ruling on feb. 28 in a Case involving the firms Fullerton Plant. But in a Case stemming from a Johnson controls Plant in Minnesota a Federal appeals court had upheld the policy. The . Supreme court is expected to Rule on the Issue by mid-1991. However that turns out thursdays action involving state fair employment Law should Settle the Issue for California a state lawyer said. A California courts Are competent to decide what a in the Public interest in California without regard to what happens in Federal courts a Deputy attorney general Manuel Medeiros said. Gerald Griffin a lawyer for the company said it was a very surprising that the state High court declined to consider the Appeal especially since the . Supreme court is reviewing the same Issue. Johnson controls argued that the appellate ruling gave Short shrift to an employers a legitimate interest in protecting the health of unborn  but the appeals court said research has shown that exposure to Lead could affect male workers who become fathers As Well As women who become mothers a a finding disputed by the company. Johnson controls policy excludes Only women from production jobs. Sex accountant Mansour Matloub rakes in the chips after winning the world poker championship. Sex accountant wins the big pot Las vegas Nev. Apr an iranian accountant living in England came Back from the Brink of disaster twice thursday to outlast a Reno. Nev., poker player to win the $835,000 first prize in the world series of poker. Mansour Matloub used an Anticlimactic pair of Sixes on the final hand to top a pair of fours held by Hans a a tuna Lund and won the final Texas hold Mem event. The final hand win capped a remarkable comeback that saw Matloub playing in his first championship game twice draw the card he needed to stay in the game. Both times it was on the final draw after he had each time put All his chips into the pot. A i was dead a Matloub said. A but when the chips went in every time i had the Best  Lund had appeared to have the Edge after 192 of the players who put in $10,000 apiece to enter the event had lost their chips. Only he and Matloub were left to go head to head. Matloub trailed by about $300,000 in chips but the turning Point came when he put All his chips in and he and Lund were suddenly playing one hand for a $ 1.6 million pot. With Only one of the five a Flop Quot cards left to be turned Over Lund appeared to be on his Way to the title with a pair of aces to mat Loubie a pair of i of. But the last card was a 10, and Matloub was not Only still in the game but held a commanding Lead that he used to whittle Lund Down until the final pair won the Marathon  found innocent of Bush threat Lubbock Texas apr the 21-year-old son of a former panamanian president was found innocent thursday of threatening to kill president Bush. Otto lakas an architecture student at Lubbock Christian University could have faced a five year prison term had he been convicted in . District court. Lakas the son of dam Trio b. Lakas president of Panama from 1972-78, clenched his fists and looked toward the ceiling tears rolling Down his Cheeks As the verdict was read. The jury deliberated Only 15 minutes. A i am very Happy a lakas said As he left the courthouse. A i done to want to comment any More than that but i am glad to go Back  government prosecutors refused to comment about the decision. A i am so relieved Quot said the elder Sutkas. Who testified thursday that his son was on trial because of a misunderstanding of his Peoples culture. A we always talk about killing someone. Even two or three times. Latins Are fiery and outspoken a he told jurors. A but it is not taken seriously. It s a Way of expressing ourselves a he said under Cross examination. Otto lakas was accused of threatening Bush in a discussion with the managers of a pawnshop where he was looking at a gun. Red top attacks big Mac in Texas Burger Battle Angleton Texas up a the opening Salvo in an advertising Battle Over the a Texas style hamburger has moved from a courtroom to a testing Laboratory. The tests Are part of the Legal fight Between the National hamburger Chain Mcdonald a and red top restaurants Over the right to advertise hamburgers As Texas style in Brazoria county. The test to compare what goes into each product was decided on at a court hearing to Back up a claim by red top owner Richard Cox that his Texas style Burger is better than Mcdonald a Texas Home style Burger. Elderly woman very a Happy to be resurrected by computer Springfield to. Apr Rose Marie Posey is officially alive again after a computer error that declared her death was corrected. Now she a ready for a the tonight show and  the 73-year-old woman declared dead by . Treasury department and insurance company computers has gotten word that the error had been fixed and her $871.13 monthly pen Sion restored. And the local Media Darling is ready to go National. A a in a Happy believe me a she said. A a in la even get on an air plane if they ask me and go to talk to Ted Koppel or Johnny Carson a and i hate to get on air planes. A a in a kind of liking the attention you