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To: long-gone who wrote (24380)	12/16/1998 1:01:00 PM
From: Giraffe	Read Replies (2) \| Respond to of 116931

>>What is wrong with this picture: AMAZON COM (Nasdaq:AMZN) Mkt Cap = 15.242B CATERPILLAR INC (NYSE:CAT) Mkt Cap = 15.244B << Obviously CAT should be selling front end loaders on the web. Mind you, the FedEx charges would be kind of steep. :)

To: long-gone who wrote (24380)	12/16/1998 1:14:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116931

Nothing really: CATERPILLAR INC (NYSE:CAT) Mkt Cap = 15.244B Growth rate is limited to a narrow field, such as those in digging AMAZON COM (Nasdaq:AMZN) Mkt Cap = 15.242B Growth potential {no rate} is based on possible internet users, which outpaces Cat's clients potentials. CATERPILLAR INC more likely over valued due to Asian weakness. AMAZON.COM is more likely undervalued. Bet you own neither?

To: long-gone who wrote (24380)	12/16/1998 5:37:00 PM
From: Investor-ex!	Respond to of 116931

Hi RH, Nothing wrong here -- actually, it's quite consistent with the "New (but not Improved) Era": Reality is worth less than dreams, facts less than fiction, deeds less than promises, gold less than paper, and truth less than lies. caveat emptor

To: long-gone who wrote (24380)	3/13/1999 5:45:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116931

Cat revisited. >>Dec 16 1998 12:58PM EST >>What is wrong with this picture: >>AMAZON COM (Nasdaq:AMZN) Mkt Cap = 15.242B >>CATERPILLAR INC (NYSE:CAT) Mkt Cap = 15.244B >CATERPILLAR INC more likely over valued due to Asian weakness. >AMAZON.COM is more likely undervalued. Since Dec 16, 1998 till thursday before the CAT warning. DELL, up 31.25% P/E: 81.3 {And dell had they warnings, downgrades} CAT, up 23% P/E: 10.87 Dell has lower margin cost, higher productivity, larger market potential, better inventory turnover.... so their higher market cap is worth it. dailynews.yahoo.com Friday March 12 11:58 AM ET Caterpillar: Q1 Profits Below Forecasts PEORIA, Ill. (Reuters) - Caterpillar Inc. (NYSE:CAT - news), the world's largest construction equipment maker, said Friday lower machine and engine sales in the first quarter will knock that period's profits about 50 percent below both fourth quarter levels and analysts' expectations. The lower sales volume is linked to weak demand from agriculture, mining, and oil and gas customers, and to economic conditions in Latin America, especially Brazil, the company said in a statement. Latin America accounted for 9 percent of the company's sales in 1998. While demand in the U.S. is strong, the company continues to see price discounting in the market. In the fourth quarter of last year, the company earned 83 cents per diluted share and in the first quarter, the company had earnings of $1.15 a share. The First Call analysts' mean first quarter estimate is 84 cents a share. The company said it plans selected production and job cuts and/or temporary plant shutdowns at facilities in the United States, Latin America and Europe. It did not provide details. It said it would also reduce inventory, expenses, and research and development spending. Those cuts will not slow down growth initiatives that are expected to add to 2000 earnings, a spokeswoman said. ''The company expects to benefit from the actions being taken and from a stronger second half 1999 compared to the first half,'' the Peoria, Ill.-based company said. It repeated its outlook, originally made in January, for 1999 sales and revenues slightly below the $20.98 billion reached in 1998. It forecast 1999 earnings per share 10 to 15 percent below the $4.11, on a diluted basis, earned last year, ''primarily because of the sales volume decrease, an adverse product mix and the continuing competitive pricing environment.'' Analysts' mean estimate for Caterpillar's 1999 earnings per share is $3.60, according to First Call. The adverse product mix comes from lower sales of high-margin mining equipment, Thomas Burns Jr., analyst at Dresdner Kleinwort Benson, said. Though agreeing that the company should show improvement in the second half, helped by a rebound in Asia, Burns did not think the company would meet its 1999 earnings projection. ''I think they're going to come in a little bit lower than their guidance,'' he said, adding he would likely lower his forecast to $3.40 a share from $3.50. Caterpillar shares were down $4.25 at $46.625 Friday morning.