Eaton (ETN) is definitely not overvalued! Message Board

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Technology Stocks : Eaton (ETN) is definitely not overvalued!

ETN 379.64

+1.6%

Nov 10 3:59 PM EST

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To: Grand Poobah who wrote (20)	9/1/1998 8:34:00 AM
From: Walter Morton	Read Replies (1) of 338

I got this response from Eaton regarding the article: Not sure what kind of comments you are looking for, but here are some of my thoughts. This is just one of many recent articles published about the wisdom of investing new $$ (and past investments) in 300mm. Of course, its easy to write about these things after they happen. It was only a short time ago the price of a DRAM chip was $50, now it is <$2 - who could have predicted such a drop? I think most people in the industry know 300mm will happen - just later than originally planned. In the meantime, suppliers and manufacturers are focused on using design shrinks on their existing 200mm systems. Best regards, Maureen Hart

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