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Technology Stocks : Eaton (ETN) is definitely not overvalued!
ETN 383.12-1.2%Oct 30 3:59 PM EDT

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From: JakeStraw7/14/2010 9:20:09 AM
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Eaton Signs Letter of Intent to Supply Cockpit Panel Assemblies and Dimming Control System for COMAC C919 Aircraft Platform
finance.yahoo.com
Total Program Value Estimated to Exceed $425 Million

Wednesday July 14, 2010

SHANGHAI--(BUSINESS WIRE)--Diversified industrial manufacturer Eaton Corporation (NYSE:ETN), Shanghai Aviation Electric Co., Ltd. (SAE) and Commercial Aircraft Corporation of China, Ltd. (COMAC) have signed a letter of intent for Eaton to supply the cockpit panel assemblies and dimming control system for the COMAC C919 aircraft program. Total value of the program is estimated to exceed $425 million, based on an anticipated volume of 2,500 aircraft.
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