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


To: Mao II who wrote (75)11/10/1998 11:56:00 AM
From: Walter Morton  Respond to of 338
 
I that news on the internet anywhere?



To: Mao II who wrote (75)11/10/1998 12:07:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 338
 
On 9/30/98 the Oakmark Fund held 2.7 million shares of ETN: oakmark.com

However, the Oakmark group of funds has not performed very well lately.



To: Mao II who wrote (75)2/1/1999 2:43:00 PM
From: Walter Morton  Respond to of 338
 
Earnings dilution vs. Increased Earnings, Sales & Debt

"Eaton will initially pay cash for Aeroquip-Vickers, and pro forma debt to capital is estimated to be in the mid 60% area. However, the company has indicated that it will issue equity to repay about 20% of the debt incurred to make the acquisition."