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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (5549)9/29/2000 5:54:32 PM
From: y2kate  Read Replies (1) | Respond to of 13572
 
Man, I hope you're right about that. Did you see TGLO? I've never owned it, but I watched it for a while last year or the year before- it's now under a buck!! Pity those poor shareholders. Unbelievable. How can anyone say we're not in a bear market for tech- I guess I'm the slow one to catch on here. I need to learn how to short. I picked up some Apple today at 26, just thought it looked stupid cheap. I'll trade it- no desire to keep anything right now. I did a little trade this week on Yahoo that worked out, buying at 89 and selling at around 95. Seems like this is the only way to make any money, everything I've held onto just wastes away, or bounces back and forth in a little boring range...

Did you just lose interest in DYN, or might you pick it up again?
-Kate



To: Boplicity who wrote (5549)9/29/2000 5:57:54 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 13572
 
It's beginning to look more and more to me that Greenspan overshot with his last rate hike. "Severe competitive price pressures...."???

Caterpillar Warns Net Below Expectations

PEORIA, Ill. (Reuters) - Caterpillar Inc. (CAT.N), the
world's largest maker of construction and mining equipment, on
Friday said it expects its third quarter profits to be about 15
percent below analysts' consensus estimate of 68 cents per
share.

However, the Peoria, Ill.-based company said its outlook
for the full year remains unchanged, with sales and revenues
expected to improve slightly over 1999 and profit expected to
increase moderately.

In 1999, Caterpillar reported sales and revenues of $19.7
billion and profit of $946 million or $2.63 per share.

Caterpillar said a smaller-than-expected profit in the
latest quarter stemmed from weakness in the euro and pound
sterling, continued softness in the North American construction
and global mining industries, significant and accelerating
weakness in the market for truck engines and the impacts of
high energy costs and continued severe competitive price
pressures.


Caterpillar said it is redoubling its efforts to
aggressively reduce costs this year.