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

To: Walter Morton who wrote (115)	2/1/1999 1:57:00 PM
From: DSPetry	Read Replies (3) \| Respond to of 338

rt.freerealtime.com Concluded Hardis, "This is the largest acquisition in Eaton's history. More important, it builds upon and expands the growth platforms that are redefining Eaton as a premier diversified capital goods company, distinguished by differentiated products and services. Given Eaton's strong positive cash flows, we could finance this acquisition entirely through debt. But, we intend to continue to build upon all of Eaton's growth platforms, and so we expect to include about 20% equity to fund this transaction. "This acquisition is an important step toward achieving Eaton's long-held Year 2000 goals of $10 billion in sales and $8 earnings per share. Far more important, it reinforces our determination to build a global enterprise characterized by superior operating performance and higher sustainable growth." Eaton looks to the 21st Century ;) Dave