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To: Real Man who wrote (110666)6/28/2001 9:27:47 PM
From: robnhood  Read Replies (1) | Respond to of 436258
 
Yup,,, He obviously is not aware of the "Timeframe" , ho ho ho



To: Real Man who wrote (110666)6/28/2001 9:40:14 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
I'm initiating coverage on CAT with a strong SELL:

Technicals deteriorating:

stockcharts.com[h,a]daclyymy[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lg20]

Earnings prospects are bleak, they reaffirmed guidance for Q2 during the earnings release, but cited pressure from the dollar and weaknening Euro economies. Since then Europe is weaker and the Almighty Godbuck is stronger. In addition, two of the areas of strength they cited were increased sales to the oil industry and power generation equipment. Not exactly going gangbusters at the moment (and even if it were, unlikely to make up for the gaping hole in their core businesses):

biz.yahoo.com

Insiders are selling:

biz.yahoo.com

Finally it's a seasonal biz ("Sell in May and go away"):

public.wsj.com

My price target is 40, based on 2.00 EPS (.60 this Q, .48 next Q, 0.44 4th Q) and a (generous) 20 PE. Do your own due diligence, etc.
public.wsj.com