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Non-Tech : General Electric (GE)
GE 304.89+0.2%Nov 14 9:30 AM EST

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To: Captain Jack who wrote (1378)8/22/2000 6:24:52 AM
From: Arthur Tang  Read Replies (1) of 3256
 
GE is staying away from brokerage business. But, their GE capital derives financial strength from any bank, thus can expand anywhere. Growth and profits is mostly there. Speed of the stock move will depend on how fast they can expand into developing countries. As they don't have currency exchange rate problems working with local banks; buying and selling loans and converting to US currency at the same time to lock in profits.

GE has management strength in their matrix structure. Headquarters' 2-man matrix accounting team can run any firm. Bring cash back from subsidiaries too. The profit and loss statement within the hour can correct things pretty fast.

All in all, the nice moves depend on GE's growth rate. Most economy around the world grow faster than US.

Still the specialist needed 2 years to have 2:1 split; 3 years to get 3:1 split. After split it is always around $50/share. Do we need any TA to chart this stock?
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