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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (6307)3/15/1999 12:47:00 PM
From: James Clarke  Read Replies (1) | Respond to of 78596
 
I remain very interested in CAT, but I still think it has a ways to go on the downside before it bottoms. The business continues to get worse, and the P/B ratio and P/S ratios still remain high relative to the company's history and the rest of the industry today with fundamentals unquestionably deteriorating. Look for a price with a 3 in front of it, though even that may be early if this one finally starts to lose the faithful.

JJC