New Holland and the Ag Equipment Group Message Board

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Non-Tech : New Holland and the Ag Equipment Group

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To: Terrapin who wrote (80)	5/14/1999 11:03:00 AM
From: Bob Rudd	Read Replies (1) of 113

I sold NH. See my comments and Jeffrey Bash's on the Value thread. Even without the merger news I was waiting for technical weakness to bail due to jump in receivables that may indicate that aggressive financing was responsible for big chunk of earnings. I bought this sector for inevitable rebound in ag prices and activity, but the shares of NH, CSE & DE have gotten well ahead of recovery,IMO. AGCO alone remains an oversold value. I'm kinda surprised, it wasn't considered as merger candidate...maybe Deere or Cat would like to invite AG to the prom...pleeease.

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