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Non-Tech : AG--AGCO--undervalued or under water? -- Ignore unavailable to you. Want to Upgrade?

To: Chartgod who wrote (40)	3/13/2000 3:05:00 PM
From: rakitup	Read Replies (1) \| Respond to of 43

James, I just got interested in this stock today (so help me the symbol came to me in a dream..I'm not making this up) and took a look at the charts, news and fundamentals on the company. Have you seen a FENDT tractor? They are awesome. AGCO has the exclusive for North America. The chart shows the price is ready to break out with a target of 21, representing a 50% retracement in the share price from the highs of 1997. If you are a value player and a long term player this could be good for 100% over the next two years. TTM is -.20 so this will hold the price down for a while longer but prospects for earnings are good and have a look at the most recent estimates. Do the due diligence. Potential here. I do not own the shares but have put them on my watch list. I expect significant pickup in agricultural business over the next two years as commodity prices recover. Rak up a winner