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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (43705)	5/21/1999 9:45:00 AM
From: Glenn	Read Replies (3) \| Respond to of 90042

Why is there no volume on ag? Something wrong with watley? Glenn

To: Tim Luke who wrote (43705)	5/21/1999 9:46:00 AM
From: Jane4IceCream	Respond to of 90042

AG it is! Caught that one last time for a point plus gain. Lets do it... Jane

To: Tim Luke who wrote (43705)	5/21/1999 9:47:00 AM
From: AUrush	Respond to of 90042

Rember AG - made some money on it the first time..

To: Tim Luke who wrote (43705)	5/21/1999 9:47:00 AM
From: kathyh	Respond to of 90042

AG info... looks interesting ... is it halted, or is my abw still messed up, showing no volume... Thursday May 20, 10:47 pm Eastern Time AGCO seen as takeover target-Business Week NEW YORK, May 20 (Reuters) - Agricultural equipment maker AGCO Corp. could be a takeover target now that industry rivals New Holland NV (NYSE:NH - news) and Case Corp. (NYSE:CSE - news) have agreed to a $4.3 billion merger, Business Week reports in its May 31 edition. Quoting an unidentified New York Investment banker, the financial newsweekly said a European conglomerate with interests in agriculture, transportation and other industries is mulling a $24-per-share offer for the Duluth, Ga.-based company. AGCO was not immediately available for comment. But Robert Ratliff, AGCO's chairman and chief executive, told the magazine's closely-watched Inside Wall Street column that his company has not received any offers. ''We will be aggressive in becoming a solid alternative to our big competitors,'' he told Business Week. AGCO's stock closed up 69 cents at $10.63 on the New York Stock Exchange. Business Summary AGCO Corp. is a global manufacturer and distributor of agricultural equipment and related replacement parts. AGCO also provides retail financing in North America, United Kingdom, France and Germany. For the fiscal year ended 12/31/98, revenues fell 9% to $2.94 billion. Net income before extraordinary item fell 65% to $60.6 million. Results reflect negative market conditions in several regions including Europe, Asia, Russia and Africa and a strong U. S. dollar. Recent Earnings Announcement For the 3 months ended 03/31/1999, revenues were 561,600; after tax earnings were -7,200. (preliminary; reported in thousands of dollars) More from Market Guide: Highlights -Performance - Ratio Comparisons Statistics at a Glance -- AG Last Updated: May 20, 1999 Price and Volume (updated May 20, 1999) 52-Week Low $5.25 Recent Price $10.625 52-Week High $27.25 Beta 1.62 Daily Volume (3-month avg) 551.2K Share-Related Items Market Capitalization $620.5M Shares Outstanding 58.4M Float 36.2M Dividend Information Annual Dividend (indicated) $0.04 Dividend Yield 0.38% Per-Share Data Book Value (mrq) $16.82 Earnings (ttm) $0.32 Sales (ttm) $46.67 Cash (mrq) $0.27 Valuation Ratios Price/Book (mrq) 0.63 Price/Earnings (ttm) 33.52 Price/Sales (ttm) 0.23 Income Statements After-Tax Income (ttm) $46.8M Sales (ttm) $2.80B Profitability Profit Margin (ttm) 1.6% Management Effectiveness Return on Assets (ttm) 0.34% Return on Equity (ttm) 2.09% Financial Strength Current Ratio (mrq) 2.35 Long-Term Debt/Equity (mrq) 0.94 Total Cash (mrq) $15.9M Short Interest Shares Short as of Apr 8, 1999 1.25M Short Ratio 2.42 Stock Performance big chart [1d \| 5d \| 3mo \| 1yr \| 2yr \| 5yr \| max] See the Profile FAQ for a description of each item above; K = thousands; M = millions; B = billions; mrq = most-recent quarter (Dec 31, 1998); ttm = trailing twelve months through Mar 31, 1999; ttm = through Dec 31, 1998 --------------------------------------------------------------------------------