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To: Lucretius who wrote (251480)	7/22/2003 3:27:47 PM
From: MythMan	Read Replies (3) of 436258

RealCommentary from TheStreet.com Industrials Will Keep the Good Times Going Tuesday July 22, 3:25 pm ET By James J. Cramer, We don't really know how much Caterpillar (NYSE:CAT - News) can earn. We can't really put a multiple on the out years at Ingersoll-Rand (NYSE:IR - News). Who's to say that 3M (NYSE:MMM - News) can't earn $8 a share if things go right? One of the more exciting parts of this market right now is the unlimited nature of what good companies like 3M or Caterpillar could earn if the economy really does turn around. It seems like forever, but it has only been since 1997 that Asia collapsed and we have had to provide all of the growth in the universe. There was a time not that long ago when Asia, Latin America, Europe and yes, even Africa, provided some upside to the numbers. There was a time when Japan was more important than the U.S. to Cisco (NasdaqNM:CSCO - News).

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