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Non-Tech : CAT-Caterpillar
CAT 585.69+11.6%Oct 29 3:59 PM EDT

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To: Rob C. who wrote (81)3/17/1999 12:50:00 PM
From: DavidCG  Read Replies (1) of 110
 
Three words: Dead Cat Bounce.

Really. Is CAT worth only a drop of 3 points to $47 after announcing it will miss earnings by a whopping 50%?

Does one analyst upgrade counteract all the other analyst downgrades?

Guess what I'm doing with $47 CAT... not buying, that's for sure.

-DavidCG
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