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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Mr. Big who wrote (54883)8/6/1999 2:56:00 PM
From: kendall harmon  Read Replies (1) of 120523
 
AG takeover rumors on the boards and positive S and P comments

AG - Bought in Today
by: Raging_Street_Zeus 1035 of 1038
It is rare that S&P raves about a stock like they are with AG. They hardly ever give five star ratings. Plus they said the stock has fundamental value over $20/share.

Most importantly, there is huge volume and price increases. I would welcome a buy-out this weekend but if not, I am comfortable holding this company for its value.

Noticed book value is $14 per share according to Yahoo.

Nice to find some excitement in a stock the way the market's been!

Remember the Street.com's article on From The Street.com, May 21st, excerpt:

The Inside Wall Street column in Business Week reports that some analysts and money pros think Agco (AG:NYSE), an agricultural equipment maker, could be a takeover target. The column quoted an unidentified New York investment banker as saying: "A foreign conglomerate is seriously considering making an offer of 24 a share."
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