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Non-Tech : Gehl Company
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To: Michael Bakunin who wrote (22)2/12/1998 2:36:00 PM
From: CLYDE PAUL   of 97
 
Thanks for your analysis It seems right to me.

The other factor which I find impressive is the gain in earnings is over 25% from 96. I believe I also read where they think the acquisition would be accretive in 98. Hopefully the 98 earnings estimate is understated, hence supporting a higher price
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