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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (3055)1/16/1998 10:56:00 AM
From: Ron Bower   of 78652
 
James,

We're comparing apples to apples with NH and AG. I'll admit that AG buying back about 8% of their shares is a big draw, but I like the potential growth of NH. They've both been increasing earnings over 40% but NH acquiring 100% of Ford Credit will provide a major boost in their earnings going forward - presuming interest rates stay low. Whatever, we both agree that agricultural economy will do well.

Ron
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