Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Walter Morton who wrote (24)	9/1/1998 10:18:00 AM
From: Walter Morton	Read Replies (1) \| Respond to of 338

A statement from the Investor Relations: "If we look at our current earnings compared to peer companies and then value the stock at its traditional multiple discount, it would result in a stock price of $85-90 per share. By any measure, at its current price Eaton is an excellent investment opportunity for value investors. In addition, when the downward trend does reverse itself and our stock begins to climb back to a realistic market value, we will probably get a tail wind from momentum investors who take advantage of trend directions." William Hartman Investor Relations