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Non-Tech : Heavy Machinery. CAT DE CSE DDC CUM -- Ignore unavailable to you. Want to Upgrade?


To: John Stichnoth who wrote (25)2/24/1999 12:54:00 PM
From: Stormweaver  Read Replies (1) | Respond to of 190
 
>I'm unclear from your post, but assume you bought CSE. Of the >alternatives, why did you choose them and not CAT or DE or other?
>Welcome to the value sector! :-). We'll do better in the next 12 >months than the internet boys.

I saw them as seriously undervalued based on bookvalue and EPS. They had a 52 week high of $71 so I took a gamble and bought 200 shares.
Also I think since CSE was the first to be hit by the slowdown they will be the first reap the benefits of restructuring when things pickup ; at least I hope so!!

How about you ?

/James