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Non-Tech : Heavy Machinery. CAT DE CSE DDC CUM

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To: Shane M who wrote (30)3/3/1999 12:30:00 AM
From: JRH  Read Replies (1) of 190
 
Thread,

I am interested in any perspectives on CSE. I have a friend who's Dad works for WPEC (Western Power and Equipment Co.) who distributes primarily Case equipment in the Western United States. They were hit hard last year with the heavy rain from El Nino. Nevertheless, he is accumulating CSE below 20, and has bought and sold this stock successfully in the past.

I can't put my finger on Earnings going forward for these guys at all though. Is it a value here? As much as I would like to jump in, I have my doubts. Any opinions regarding the management of the company?

Thanks in advance,

JRH
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