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Non-Tech : Gehl Company
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To: Michael Bakunin who wrote ()6/10/1998 4:39:00 PM
From: Michael Bakunin  Read Replies (1) of 97
 
Dahl just can't say no to Gehl stock:
sec.gov

Looks like he bought more as the stock dipped under 19. As of this filing, he's back at 580,000 shares, or just over 9%.

The PE discount evaporated quickly; the stock jumped in the days after the Kinnard announcement, and was even trading at a PE premium to Case. That's over; today Gehl's PE is a tad more than 5% below Case's, close to my rule-of-thumb 10% discount.

mb
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