Eaton (ETN) is definitely not overvalued! Message Board

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Technology Stocks : Eaton (ETN) is definitely not overvalued!

ETN 381.60

-0.4%

Oct 31 3:59 PM EST

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To: Sherman Chen who wrote (286)	4/3/2000 12:37:00 PM
From: Walter Morton	Read Replies (1) of 338

I don't know, but if the latest results from AMAT is an indication of what ETN's semmiconductor business will do, I'm expecting a raise in the price around 4/17/2000: For the 13 weeks ended 1/30/00, revenues totalled $1.67B, up from $742.5M. Net income from cont. ops. totalled $328.5M, up from $56.3M. Revenues reflect strong global demand for semicondutors. Applied Materials (AMAT) develops, manufactures, markets and services semiconductor wafer fabrication equipment and spare parts for the worldwide semiconductor industry.

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