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Non-Tech : Gehl Company -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (59)8/5/1998 10:06:00 AM
From: Marz  Read Replies (2) | Respond to of 97
 
Boy, you are sure right about GEHL outperforming AG and CSE (and DE as well) take a look at this chart:

techstocks.com

Looks like AG is having some problems which accounts for the decline. Their EPS was down to .52 in the 2nd Q from .82 the prior year. Also sales declined abount 6% year over year. From their press release it looks like the culprit is a relatively high international exposure. Their sales in north america were up about 17% but international results killed them. I assume this may also be dragging down CSE and DE but I have not looked at their results specifically.

Luckily our "little" GEHL does not have that exposure right now. I guess the question is, will North American conditions remain favorable.