Comments on: What actual Caterpillar users think of its equipment http://catstockblog.com/2009/02/what-actual-caterpillar-uses-think-of-its-equipment/ Caterpillar Inc. (NYSE:CAT) stock news and links Sat, 19 May 2012 11:53:53 +0000 http://wordpress.org/?v=2.6.5 By: tom http://catstockblog.com/2009/02/what-actual-caterpillar-uses-think-of-its-equipment/#comment-293 tom Wed, 11 Feb 2009 17:45:56 +0000 http://catstockblog.com/?p=1362#comment-293 It's interesting to me that while companies dance to Wall Street's tune when times are good, forgiveness seems widespread when the market punishes everybody. Cat was in the 80s last year and now it's in the 30s but there's really no sign that Cat's dancing to the Street's tune right now. They're mainly trying to stay in business and avoid building tractors and engines nobody wants. The idea that there's any "smart money" out there suffers from the reality that everybody lost money last year. It’s interesting to me that while companies dance to Wall Street’s tune when times are good, forgiveness seems widespread when the market punishes everybody.

Cat was in the 80s last year and now it’s in the 30s but there’s really no sign that Cat’s dancing to the Street’s tune right now. They’re mainly trying to stay in business and avoid building tractors and engines nobody wants.

The idea that there’s any “smart money” out there suffers from the reality that everybody lost money last year.

]]> By: Greg http://catstockblog.com/2009/02/what-actual-caterpillar-uses-think-of-its-equipment/#comment-292 Greg Wed, 11 Feb 2009 17:27:11 +0000 http://catstockblog.com/?p=1362#comment-292 I incorrectly said "YOUR STATEMENT". I now see the quote came from a "heavy equipment" blogger. I incorrectly said “YOUR STATEMENT”. I now see the quote came from a “heavy equipment” blogger.

]]> By: Greg http://catstockblog.com/2009/02/what-actual-caterpillar-uses-think-of-its-equipment/#comment-291 Greg Wed, 11 Feb 2009 17:17:43 +0000 http://catstockblog.com/?p=1362#comment-291 YOUR STATEMENT: "That’s one of my pet peeves about corporate America in general: too much pressure from the shareholders wanting instant gratification with ZERO foresight into the future." I say right-on, 10-4, hit-the-nail-on-the-head, amen, thank-you. The corp world cow-tows waaay too much to "wall st.". When I see huge numerical changes in the dow or nasdaq what I don't see is RATIONAL thinking. I would think the people that "manage" large investments would act a little educated and somewhat logical. Instead, I see irrational, shoot-from-the-hip, reactionary behavior that is only egged on by the arrogant pundits on the various news channels, especially CNBC. Kind of sounds like I have an attitude about this. YOUR STATEMENT: “That’s one of my pet peeves about corporate America in general: too much pressure from the shareholders wanting instant gratification with ZERO foresight into the future.”

I say right-on, 10-4, hit-the-nail-on-the-head, amen, thank-you. The corp world cow-tows waaay too much to “wall st.”. When I see huge numerical changes in the dow or nasdaq what I don’t see is RATIONAL thinking. I would think the people that “manage” large investments would act a little educated and somewhat logical. Instead, I see irrational, shoot-from-the-hip, reactionary behavior that is only egged on by the arrogant pundits on the various news channels, especially CNBC. Kind of sounds like I have an attitude about this.

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