Quotes by Eli Lustgarten

“Its one of the unloved. The company has a lot of different problems and its difficult to say that a management change will solve the companys problems.”

“The report is lousy but it is much better underneath.”

“The conventional consensus is these factors will produce a weaker market for farm equipment in 2006. December sales are a reflection of cash flow and tax planning, but do not reflect the outlook for the coming year.”

“He was a very dedicated, exceptionally knowledgeable analyst. He was not some dotcom kid.”

“Youre seeing a radically changed company, a radically improved company. Theres recognition that Cummins is a changed company and a far better company than it has been at any time in the last few decades.”

“The farm business is soft, and the construction and lawn and garden are carrying the company right now.”

“Youve got to give them credit. Theyre showing better levels of profitability on lower volumes.”

“(Cummins) had higher revenue and slightly lower profitability for the quarter, but even so its a very fine quarter. Without the tax benefits, the company didnt match expectations or match up to the stocks performance of the past few weeks, which has apparently disappointed some on the market.”

“Anything Deere can do to reduce its debt burden when the market is soft makes sense.”

“The volume was slightly higher than we were expecting. And theyre passing through costs.”