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Technology Stocks : Eaton (ETN) is definitely not overvalued! -- Ignore unavailable to you. Want to Upgrade?


To: Walter Morton who wrote (222)10/18/1999 9:20:00 PM
From: Cola Can  Read Replies (1) | Respond to of 338
 
The drop in ETN's stock has nothing to do with ETN specificly, but its the market in general. I don't think
we are going into a bear market either. People are going
liquid in a lot of their stocks. I've been looking at the
headlines and many companies are showing great financials,
but the market is dropping. The interest rate and Y2K
has people a little nervous. Some people have liquidated
their holdings last month, in anticipation of others
selling, so they can buy back in cheaper. I look for the
market to go back up, after the first of the year, if
everything is ok.