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Non-Tech : New Holland and the Ag Equipment Group

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To: Terrapin who wrote (84)5/17/1999 10:00:00 AM
From: Bob Rudd  Read Replies (2) of 113
 
NH is holding up well on the opening, very well. Usually when the acquired takes a jump the acquirer tanks...not so on early indications. Evidently market likes the deal, though some further weakness is probable.
AG is up 1/2 in sympathy...many articles recite potential synergies for NH / CSE combo that might similarly apply to AG + CAT or Deere.
Good luck on your position,
bob
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