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jbog

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jbog

Re: DewDiligence post# 7624

Wednesday, 10/23/2013 6:42:59 PM

Wednesday, October 23, 2013 6:42:59 PM

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Cat's big profits come from the mining sector and with orders for this equipment in the Asia/Pacific region down 63% I wouldn't hold my breathe waiting for a turn around anytime soon.

Cat has made major acquisitions in the mining group over the years and this slow down will hurt.
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