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Subject:  Caterpillar dn 4% on reduced earns projections Date:  9/25/2012  3:21 PM
Author:  pauleckler Number:  46593 of 46922

As we have been warned before, bad news continues to flow from CAT ass each quarter seems to bring new projections reducing earnings expectations. This time it is due to slowing demand for coal and iron ore, slowing demand in China, and a general slow down in mining.

Looks like CAT owners are in for a dip in share prices.

Is this a buying opportunity? Or will we wait a while?
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