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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject9/30/2000 9:49:38 AM
From: Sharck   of 37746
 
Caterpillar (CAT) 33 3/4 -1/4: Dow component warns that Q3 net will be
about 15% below the consensus estimate of $0.68. CAT says full year
estimate unchanged. Company blames weakness in the Euro and pound
sterling, continued softness in the North American construction and
global mining industries, significant weakness in the market for truck
engines and the impacts of high energy costs and continued severe
competitive price pressures.
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