In trading yesterday, Chrysler shares were bid up $4.6875, to $53.50, making the company worth only $35 billion.

Chrysler shares closed today at $16.50 a share, down 12.5 cents.

Even if nothing happens on the deal front, Chrysler shares will probably prove to have been a good buy at current prices.

But Chrysler shares hit a 52-week high, jumping $2.50 to close at $57.125.

Chrysler shares rose 20 percent during the 15-month battle.

Of the two, Chrysler shares are more likely to hold up under such an onslaught.

And he received an option to buy up to 300,000 Chrysler shares at $16.94 each.

Chrysler shares rose 25 cents yesterday, to close at $39.

In 1990 he was paid $4.65 million and given $718,000 in Chrysler shares.

Analysts said index funds may already have disposed of their Chrysler shares.