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Wednesday, August 31, 2005


FAT CAT



Caterpiller split in July and has continued to increase in price. Sure, they are expected to help in the tramatic rebuild from Katrina....but they also have my X approval by incorporating Fuel Cells into their growth plan.

Some interesting notes in their newsa is that one of their managers was appointed to the EPA.

They also issued $250 million in new debt....possible bond buy?

They have an enterprise value of $60.41 billion and a market cap of $37.5 billion. Seems like a good deal.

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