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Strategies & Market Trends : Value Investing
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To: Zach E. who wrote (4553)7/31/1998 7:15:00 PM
From: James Clarke  Read Replies (1) of 78717
 
Yeah, Morgan Stanley downgraded the whole tractor sector today, at less than 10 times earnings, and down huge from their high. A month ago, this analyst wrote the most bullish report you could imagine. Shows a lot of guts.
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