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Non-Tech : General Electric (GE)

GE 296.64

+1.1%

Nov 26 3:59 PM EST

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To: Wally Mastroly who wrote (1057)	11/3/1999 11:22:00 AM
From: Wally Mastroly	Read Replies (1) of 3256

GE's Welch has an unmatched legacy; & price target raised: cbs.marketwatch.com biz.yahoo.com EW YORK, Nov 3 (Reuters) - Lehman Brothers analyst Robert Cornell raised his price target on General Electric Co. Wednesday to $150 from $130. -- short-cycle orders in October topped modest gains in September. -- long-cycle businesses strong. -- power systems a possible upside surprise. -- Chairman and Chief Executive Jack Welch to stay untilApril 2001 general shareholders meeting. -- new leadership could shape up in 2000.

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