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Non-Tech : General Electric (GE)

GE 303.74

-0.2%

9:52 AM EST

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To: Dennis who wrote (1368)	8/9/2000 10:43:31 PM
From: Captain Jack	Read Replies (1) of 3256

Dennis -- IMO AG will not even be able to bluff another increase this year. He still has 2 that we have not felt yet (.75). IMO about the 2nd qtr he will be lowering again and we shall see no more increases. AG knows he has the country on the verge of a recession and now has a puckered butt with elections coming. The concern is no longer about what he will do but about what he has done. Over the next couple qtrs we may see eps dwindle due to the cost of borrowing,, revs may also be lower as buyers will begin to feel the costs too... from int rates to fundamentals-- but thats was AGs plan all along!

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