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: Grand Poobah who wrote (54)	10/18/1998 7:45:00 PM
From: Walter Morton	Respond to of 338

Doesn't this kind of news make you want to invest in companies that are involved in the manufacture of micro chips: "If a chip has its program embedded into it, the program cannot be revised by software. It has to be replaced by a chip that is 2000 compliant." WHERE ARE EMBEDDED SYSTEMS? - Why should I care? compinfo.co.uk

To: Grand Poobah who wrote (54)	10/19/1998 5:15:00 PM
From: Walter Morton	Respond to of 338

Take a look at Herley Industries, Inc. (HRLY) as a possible acquisition. The Company designs, manufactures and markets flight instrumentation components and systems including command and control systems, transponders, flight termination receivers, telemetry receivers, encoders, decoders and scoring systems. These are some of the highlights: Price Earnings Ratio - 8.09 Projected Five Year Growth - 23% (ETN is 10%) Profit Margin - 13.5% (ETN is 5.5%) Earnings per share -- $1.02 Stock Price - $8.34375 Market Cap - $43.7 million herley.com eaton.com Last week (when I got the idea) the P/E was only 7.51 and the market cap was only $40.8 million.

To: Grand Poobah who wrote (54)	10/21/1998 3:47:00 PM
From: Walter Morton	Respond to of 338

Doesn't the Cuttler-Hammer unit of ETN supply the construction business? Should Cuttler-Hammer do something like this?

To: Grand Poobah who wrote (54)	10/21/1998 3:48:00 PM
From: Walter Morton	Respond to of 338

Doesn't the Cuttler-Hammer unit of ETN supply the home construction industry? Should Cuttler-Hammer do something like this: usatoday.com

To: Grand Poobah who wrote (54)	10/22/1998 4:41:00 PM
From: Walter Morton	Respond to of 338

Some people on the BRKS thread think ETN may be buying up BRKS. I wonder where they got that idea. While BRKS is going through the roof, ETN is going down.

To: Grand Poobah who wrote (54)	11/3/1998 5:07:00 PM
From: Walter Morton	Read Replies (2) \| Respond to of 338

November 3, 1998 Eaton sells Pageland facility Eaton announced that a group of private investors agreed to purchase the Pageland, South Carolina, plant. Terms of the transaction were not disclosed, and the purchase was effective November 1, 1998. The new operation will be known as the Challenger Electric Company. It is expected that all 126 of its current employees will be offered employment with the new organization. The Pageland business, which had sales of $9 million in 1997, manufactures porcelain lighting fixtures. Eaton said it sold the plant, which was part of Cutler-Hammer's Power Distribution Assemblies Division since 1994, because the products manufactured at the facility no longer fit the company's longer-term business strategy.