New Holland and the Ag Equipment Group Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : New Holland and the Ag Equipment Group

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Shane M who wrote (39)	1/5/1999 10:50:00 AM
From: Bob Rudd	Read Replies (1) of 113

<<But will they go up if US sales decline 15-20% and global sales decline 10%?>> Forecasting is a very inexact science, especially when it involves the future <g>. At current prices the shares are discounting this forecast and perhaps worse. At some point the agricultural economy will regress upwards to the mean pricing and these companies will generate earnings that will drive share prices back to & beyond levels prior to the recent fall-off. Will this happen in 99? No one knows. But it's a good bet IMO that the rebound occurs soon enough to generate returns well above most alternatives I'm seeing. In the meantime, there may be further opportunities to add to positions at favorable prices, but most of the potential bad news is in the stocks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next