No Cobra's came with an auto unless someone did a swap, but not from Factory.
I would say 4.10's or 4.30's like the rest. the DOHC's power is in the upper band and you need to get it up there.
Good race to point that out....
My 95GT back when it only had a few bolt on's and 3.73's vs. my friends 96 Cobra with bolt ons but stock 3.27's. We went from a roll at 20mph and i probably put about 4-5 car lengths on him. of course by the time we got to about 80mph, he was walking me by a few car lengths.
Like mentioned...don't fear the gear
Heck i have an 2003 Cobra and stock is 3.55 but I have some FRPP 4.10's that are going in after this month.