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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (6438)	3/25/1999 4:36:00 AM
From: James Clarke	Read Replies (1) of 78516

New Holland showed for the first time a new line of construction equipment today at the Vegas show (no I'm not just here to play blackjack). It was a complete surprise to me because all I've been looking at is the ag side of their business. The machines look great, but its going to be a big mouthful at once for dealers used to selling only small construction equipment. It may take a while, but for the first time NH is offering its dealers and customers a full range of equipment. Given that they have also redesigned nearly all of their ag equipment in the last three years, that adds up to one heck of an achievement for this company. What I got out of numerous conversations with NH salesforce employees is that a) confirming my experience with their executives, these are able, decent and honest people - and b) they think the stock is a steal. FWIW. JJC

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